Hugging Face Explores Sale at 3B+ Valuation as AI Platform Hubs Consolidate
Hugging Face, the primary open-source model repository and developer collaboration hub for machine learning, is exploring a sale that could value the company at $13 billion or more, according to people familiar with the matter reported by Business Insider. The New York-based startup, co-founded and led by Chief Executive Officer Clement Delangue, has engaged an investment bank to solicit interest from prospective acquirers. Discussions remain at an exploratory stage, and no formal acquisition a
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