A report published September 28, 2026, said OpenAI had offered to invest $100 million in Hugging Face before Nvidia’s separate deal involving the AI platform. The reported sequence describes two distinct transactions: an OpenAI investment offer and Nvidia’s acquisition agreement.
The offer and Nvidia’s agreement were separate transactions
OpenAI’s reported proposal was an investment offer to Hugging Face. Nvidia’s separate transaction was an acquisition agreement involving the same company.
An account published September 8, 2026, described Nvidia’s agreement as announced and not yet closed at that time.
