Industry
Hugging Face Explores Sale at $13 Billion or More
Hugging Face Inc., the AI model repository platform, is exploring a sale that could value it at $13 billion or more, according to a Business Insider report. The company has hired a bank to sound out potential buyers, though talks are early and no bidder has been named. This potential deal follows a trend of high valuations for AI distribution assets, such as Stripe's $7.5 billion acquisition of OpenRouter.
Aug 236 minNeura News