Hugging Face Explores Sale Valued at $13 Billion, Nearly Tripling Prior Valuation
Covered by 4 sources
Hugging Face, the AI model-sharing platform, is considering a sale that could value the company at $13 billion or more, a significant increase from its $4.5 billion valuation in 2023. The startup is engaging with financial advisors to gauge interest from potential buyers but has not finalized any deal. Previously, it declined a $7 billion acquisition offer and continues to focus on maintaining neutrality and community responsibility amid ownership discussions.
Also covered by 3 sources
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