Hugging Face Acquires Seattle Data Storage Startup XetHub
Hugging Face has acquired XetHub to accelerate the process of AI democratization. Founded by former Apple engineers, XetHub focuses on simplifying the building of machine learning and AI applications. The team secured $7.5 million in funding from Madrona Ventures in 2021 to accelerate their development. This acquisition signifies Hugging Face, an influential platform in the AI development space, further expanding its technological capabilities and talent pool. The inclusion of XetHub reflects the industry's growth.
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