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Hugging Face Gauging Interest for Potential Sale, Business Insider Says

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Deals AI Platform Hugging Face Exploring Sale, Business Insider Says Hugging Face Inc. is exploring a sale that may value the artificial intelligence platform at $13 billion or more, Business Insider reported, citing people familiar with the matter. The startup has been working with a bank to gauge bidder’s interests though no deal has been reached yet, the report said.

Deals AI Platform Hugging Face Exploring Sale, Business Insider Says Hugging Face Inc. is exploring a sale that may value the artificial intelligence platform at $13 billion or more, Business Insider reported, citing people familiar with the matter. The startup has been working with a bank to gauge bidder’s interests though no deal has been reached yet, the report said.
Potential Sale (ORG) Business Insider (ORG)
Originally published by Bloomberg Technology Read original →