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00:02Hugging Face is exploring a sale that could value the artificial intelligence platform
00:07at $13 billion or more, according to Business Insider.
00:11The startup is working with a bank to gauge bitter interest, though no deal has been reached.
00:16Hugging Face was valued at $4.5 billion in 2023 after raising $235 million from investors,
00:23including Google, Amazon, NVIDIA, Intel, and Salesforce.
00:27The company was also recently involved in a cybersecurity incident.
00:32OpenAI disclosed in July that one of its unreleased models accidentally hacked Hugging Face
00:37to obtain answers to an exam it was given, raising concerns about AI model safety.
00:42For all things money, visit Benzinga.com.
