Hugging Face in acquisition talks at $13B+ valuation, per report

Business Insider reports that Hugging Face has fielded acquisition interest valuing the AI model-sharing platform at $13 billion or more, nearly triple its $4.5 billion valuation from a 2023 Salesforce Ventures-led round. No buyer has been named and no deal is finalized, but the startup is reportedly consulting banks to weigh potential bids.