Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Multi-billion dollar AI community startup Hugging Face announced its fourth acquisition to date on Thursday, a $10 million buy of a small AI collaboration platform called Argilla.

Hugging Face CEO Clément Delangue now says he’s getting acquisition requests from many more startups — at least 10 a week.

“This year, in particular, it has increased quite a lot,” he told Bloomberg.

Clément Delangue, CEO of Hugging Face. Tom Williams/CQ-Roll Call, Inc via Getty Images

Hugging Face lets developers openly share and test AI models that anyone can use,

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