AI model hub Hugging Face weighs $13B buyout bids
Hugging Face, the AI model-sharing platform, has received acquisition offers valuing it at $13 billion or more, according to a report. The company is working with banks to assess bids, but its CEO has stressed a long-term commitment to its open-source community, casting doubt on a sale. The startup previously turned down a $500 million investment from Nvidia at a $7 billion valuation.
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