OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal

CNBC
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OpenAI offered $100 million to invest in Hugging Face after a July 2024 AI agent security incident, proposing to distribute its custom chips through the startup. The talks ended early, and Nvidia acquired Hugging Face for about $13 billion in September 2026, outbidding rivals including AMD and Salesforce.

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