The AI industry’s next $10 billion-plus acquisition may involve a website many developers open every day.
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cording to Business Insider, Hugging Face is seeking a
Hugging Face Reportedly Explores $13B Sale as Model and Developer Platforms Become Capital’s New Darling
According to Business Insider, AI developer platform Hugging Face is exploring a sale at a valuation of at least $13 billion, nearly tripling its $4.5 billion valuation in 2023. The report follows Stripe’s acquisition of model-routing platform OpenRouter for more than $8 billion. The assets connecting large language models with developers are now landing on multibillion-dollar negotiating tables.