OpenAI's $100M Hugging Face investment talks fell through before Nvidia's $13B acquisition
#openai#hugging face#nvidia#acquisition
According to sources cited by CNBC, OpenAI offered to invest approximately $100 million in Hugging Face before Nvidia agreed to acquire the open-source platform for about $13 billion this month, but the talks fell apart. AMD and Salesforce also held acquisition talks with Hugging Face, according to the sources.
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Kate Rooney / CNBC : Sources: OpenAI offered to invest ~$100M in Hugging Face before Nvidia's $13B acquisition, but talks fell apart; AMD and Salesforce also held talks — Before Nvidia agreed to pay roughly $13 billion to buy open-source platform Hugging Face this month, OpenAI tried to invest $100 million into the startup …
