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Hugging Face Approached For Acquisition At $13B Valuation, Report Says
Matched: AI, OpenAI
Hugging Face has received acquisition approaches valuing the AI developer platform at $13 billion or more, per Business Insider. No deal has been reached and the parties involved are unclear, though the company has engaged banks to evaluate bids. Hugging Face last raised at a $4.5 billion valuation in 2023 and earlier this year declined a $500 million Nvidia investment worth $7 billion over concerns about single-investor influence.