07:57 AM EDT, 08/02/2024 (MT Newswires) -- Nvidia's ( NVDA ) acquisition of Israeli startup Run:ai is under investigation of the US Department of Justice for antitrust grounds, Politico reported Friday, citing people familiar with the matter.

Run:ai and the DOJ did not immediately respond to MT Newswires' requests for comment.

The semiconductor giant is also being investigated for complaints of allegedly abusing market dominance in the AI market, tech news blog The Information reported Thursday, citing sources involved in discussions.

US officials have reached out to several Nvidia ( NVDA ) competitors, including Advanced Micro Devices ( AMD ) , regarding the complaints, the report said. AMD did not immediately respond to MT Newswires' request for comment on the probe.

In response to an inquiry on both antitrust investigations, an Nvidia ( NVDA ) spokesperson told MT Newswires that the company "wins on merit, as reflected in our benchmark results and value to customers. We compete based on decades of investment and innovation, scrupulously adhering to all laws."

"We'll continue to support aspiring innovators in every industry and market and are happy to provide any information regulators need," the spokesperson added.

Nvidia ( NVDA ) shares were down 4.8% in recent Friday premarket activity.

Price: 104.10, Change: -5.11, Percent Change: -4.68