Nvidia agreed to acquire Hugging Face, a platform used by more than 18 million developers to share over 3 million AI models and 500,000 datasets, in a deal Nvidia's SEC filing values at approximately $11.9 billion in cash plus up to $1 billion in equity-based employee retention. The transaction is expected to require premerger notification to the Federal Trade Commission and Department of Justice under the Hart-Scott-Rodino Act, which bars closing until the statutory waiting period expires or is terminated early. Whether the deal separately triggers mandatory European Commission review depends on turnover thresholds under EU merger-control rules; no EU notification had been confirmed as of publication. Independent reporting has raised concerns that Nvidia's roughly 92 percent revenue share from its Data Center business, combined with ownership of a major model-distribution platform, could let it favor its own hardware over rivals such as AMD. Nvidia has pledged that its compute will not be required to build on or deploy through Hugging Face and has said the deal will expand access rather than concentrate it. Nvidia expects the transaction to close in the first half of 2027, subject to required regulatory approvals and other customary closing conditions.