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Hugging Face Inc. has made a significant move by acquiring XetHub, a startup focused on helping developers manage files for AI projects. This acquisition is noted as Hugging Face's largest to date, indicating a price higher than the $10 million spent on Argilla Inc. in June. Hugging Face's platform currently hosts over 1.3 million AI models and 450,000 training datasets.
The integration of XetHub's technology aims to improve Hugging Face's storage system, particularly for large AI files. XetHub's platform allows for faster updates by breaking files into smaller chunks, significantly reducing upload times. This acquisition not only enhances user experience but also supports Hugging Face's commercialization efforts through its Enterprise Hub.
• Hugging Face's acquisition of XetHub enhances AI project file management.
• XetHub's technology reduces upload times for large AI files.
Hugging Face hosts over 1.3 million AI models on its platform.
Hugging Face provides access to 450,000 training datasets for developers.
Hugging Face uses Git to manage AI models and datasets.
The company operates a platform that hosts numerous AI models and datasets.
, is a software company that provides tools for managing AI project files. Its technology enhances file management efficiency for developers working on AI projects.
The company is an investor in Hugging Face, supporting its growth in the AI sector.
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