VentureBeat August 8, 2024
Shubham Sharma

Hugging Face today announced it has acquired Seattle-based XetHub, a collaborative development platform founded by former Apple researchers to help machine learning teams work more efficiently with large datasets and models.

While the exact value of the deal remains undisclosed, CEO Clem Delangue said in an interview with Forbes that this is the largest acquisition the company has made thus far.

The HF team plans to integrate XetHub’s technology with its platform and upgrade its storage backend, enabling developers to host more large models and datasets than currently possible — with minimal effort.

“The XetHub team will help us unlock the next 5 years of growth of HF datasets and models by switching to our own, better version of...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: AI (Artificial Intelligence), Mergers & Acquisitions / JV, Technology, Trends
DeepSeek’s Ascent Means B2B Firms Need to Consider AI ROI
OpenAI Announces Deep Research Days After DeepSeek’s AI Earthquake
Harnessing AI to Transform Urgent Care Centers: Improving Efficiency, Morale, and Profitability
Samsung Doubles Down on AI and Smart Home Tech for 2025
AI’s New Inflection Point: Efficiency, Regulation, And Strategy

Share This Article