AI Model Aggregation Platform Hugging Face Receives Acquisition Interest of at Least $13 Billion

BlockBeats News, August 24th - In the next groundbreaking acquisition in the AI industry, it may not come from another model developer. The AI model aggregation platform Hugging Face is currently exploring a sale, with the potential transaction valuing the company at $13 billion or higher.

According to sources familiar with the matter, the startup is working with a bank to gauge potential acquirers' interest and has not yet reached any deal. (Jinse)