Monday, August 24, 2026

AI startup Hugging Face exploring sale valuing it at $13 billion

The New ‌York-based ⁠company, which ⁠hosts open-source large language models and datasets, has ​been working with a bank to gauge bidders' interest, ​the report said.

from Tech-Economic Times https://ift.tt/yzQ8RdD

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South Korea's Lee vows to make bold AI investment in record budget push

His administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion) ...