It is reported that Salesforce has identified the open source model library company Hugging Face as a 'potential acquisition target' and is currently helping it lead a new round of financing.-It Industry-php.cn

It is reported that Salesforce has identified the open source model library company Hugging Face as a 'potential acquisition target' and is currently helping it lead a new round of financing.

PHPz

Aug 24, 2023 pm 05:57 PM

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News from this site on August 23, according to a report by foreign media The Information, the open source model library company Hugging Face is conducting a new round of financing. This round of financing is led by Salesforce Ventures, an investment arm of Salesforce.

Salesforce CEO Marc Benioff tweeted on the ), its valuation will reach US$4 billion (currently approximately RMB 29.2 billion).

消息称 Salesforce 将开源模型库公司 Hugging Face 作为“潜在收购对象”，当下正助其领投新一轮融资

▲ Picture source Marc Benioff’s post on the X platform

It is reported that Hugging Face was founded in 2016 and is a An open source model library company whose customers include Microsoft, Amazon, IBM, etc. Many AI models previously published on this site are open sourced on this platform.

Currently, Salesforce Ventures’ total assets have reached US$20 billion, making it the most active investor in the U.S. enterprise services field.

Foreign media believe that Salesforce’s lead investment this time indicates that it expects to treat Hugging Face as Potential acquisition target.

In June of this year, Salesforce announced the launch of AI Cloud, a suite of artificial intelligence products, allowing enterprise customers to use models from Anthropic, OpenAI and other vendors as well as Salesforce's cloud servers.

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