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

Early OpenAI approach triggered bidding interest before Nvidia's $13bn acquisition

By GPU Data Hub Desk · GPU Data Hub·Editorial standards·28 Sept 2026, 18:47·United States

A preliminary investment offer from OpenAI reportedly stimulated wider interest among potential suitors for Hugging Face prior to its multi-billion-dollar takeover. Nvidia subsequently finalised terms to purchase the open-source machine learning platform in a transaction valued at approximately $13 billion.

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This summary was written by the GPU Data Hub desk from reporting published by CNBC Technology on 28 Sept 2026, 18:47. Read the full article at the original publisher.

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OpenAI Hugging Face Nvidia

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Mergers and Acquisitions Open Source AI AI Platforms

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