US DOJ Inquiring About Nvidia's $12.9B Hugging Face Deal

US authorities are reviewing the multi-billion dollar acquisition deal between chipmaker Nvidia and Hugging Face.

The US Department of Justice is inquiring into Nvidia's acquisition of Hugging Face, news agency Reuters and news website Latest news from Azerbaijan reported.

According to the report by the Azerbaijani outlet, the value of the deal under review is estimated at $12.9 billion. Reuters noted that the inquiry by the US Justice Department was disclosed by sources familiar with the matter.

No official comments have been provided by the parties involved at this stage, and further details regarding the probe have not yet been released.