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Share price numbers for the Hugging Face incident

…major publicly traded cybersecurity firms lost roughly $65–80 billion, or about 8–10% of their combined value, in the days following disclosure of the Hugging Face/OpenAI incident; by early September…

  • Hugging Face/OpenAI incident caused $65-80B stock price drop across cybersecurity firms
  • Decline briefly observed in early September, recovered $58B by July 20
  • Market reaction may reflect AI risk perception, but numbers may be incomplete

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