AI Industry's GitHub Seeks Sale, Hugging Face Valuation May Exceed $13 Billion
On August 24, according to a report by Insider in the United States, the world's largest AI open source community, Hugging Face, is considering a full sale, with potential transaction valuation possibly exceeding $13 billion. The company is working with banks to assess the interests of potential bidders, but no deal has been reached yet. Hugging Face was founded in 2016 by Clement Delong and Thomas Wolf, and it is headquartered in New York. The number of publicly available models has approached 3 million.
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