AI firm Hugging Face considers sale with $13 billion price tag
According to a report by Business Insider, Hugging Face is looking into a possible sale that might value the artificial intelligence company at $13 billion or higher. The startup has engaged a bank to gauge interest from potential buyers, although no agreement has been reached yet. Previously, in 2023, Hugging Face secured a valuation of $4.5 billion following a $235 million funding round backed by prominent tech investors.
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