Hugging Face, Open-Source AI Hub, in Talks for $13B Acquisition

Hugging Face, Open-Source AI Hub, in Talks for $13B Acquisition

Hugging Face is in acquisition talks at $13 billion or more, per Reuters and Business Insider. The platform, where developers discover, share, and deploy open-source AI models, functions as core infrastructure for the field. CEO Clem Delangue previously prioritized community responsibility over fundraising and declined a $500M Nvidia investment to avoid a single dominant investor. No deal is finalized; the acquirer is unidentified.

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