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Home World News Hugging Face reportedly in talks to be acquired…

Hugging Face reportedly in talks to be acquired for $13B

· · 1 min read

“We’re more in a unique position where we can keep creating value for the community and for AI builders,” he said.

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The way Delangue has discussed the company’s responsibility to the Hugging Face community raises questions over whether the startup is truly considering selling or is simply fielding offers for what has become a central pillar in AI infrastructure. 

“We’re building a platform for the community, and they’re trusting us with sharing their data and their models on the platform, so we have a long-term responsibility to them,” Delangue said on Equity. 

More to the point, the company earlier this year turned down a $500 million investment from Nvidia that would have valued it at $7 billion, saying at the time that it didn’t want a single dominant investor to sway decisions.  

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TechCrunch has reached out to Hugging Face for more information.

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Nairavoice
Contributor at NairaVoice.com.ng