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Hugging Face Aims for $13 Billion Valuation in Potential Sale
Hugging Face, a New York-based company that hosts open-source large language models and datasets, is reportedly exploring a sale that could value it at $13 billion or more.
The news comes after the company was valued at $4.5 billion in a funding round led by technology heavyweights including Salesforce, Alphabet's Google, and Nvidia in 2023.
The potential sale is being explored with the help of a bank that is gauging bidders' interest, according to Business Insider.