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OpenAI's early bid for Hugging Face triggered rival offers
Original: OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal
OpenAI approached Hugging Face with an early investment offer, a move that prompted competing bids before Nvidia ultimately struck a $13 billion deal. The revelation shows how strongly the artificial intelligence startup was sought after, with OpenAI's interest helping set off a bidding contest among major tech players jostling for position in the AI ecosystem.
Why now: Fresh reporting reveals OpenAI's previously unknown role in triggering the bidding war for Hugging Face ahead of Nvidia's multibillion-dollar deal.
Evidence
- OpenAI sparked Hugging Face bids with early investment offer ahead of Nvidia's $13 billion deal · CNBC
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