Hugging Face, a major hub for open-source artificial intelligence models and datasets, is reportedly exploring a potential sale that could value the company at $13 billion or more.
Hugging Face Tests Interest From Potential Buyers
The New York-based AI startup has been working with a bank to assess potential buyers and determine whether there is interest in a transaction, Business Insider reported Sunday, citing people familiar with the matter.
The discussions do not necessarily mean a sale will happen and the company could ultimately decide against pursuing a deal.
Hugging Face did not immediately respond to Benzinga’s request for comment.
