Hugging Face Acquires XetHub to Scale AI Model Hosting

The acquisition aims to enhance Hugging Face's capabilities in handling large datasets and models, integrating XetHub's advanced storage and versioning technologies.

• Hugging Face's largest acquisition to date will integrate XetHub's technology into its platform.
• XetHub, founded by ex-Apple researchers, specializes in large model and dataset collaboration.
• The deal will upgrade storage backend, allowing Hugging Face to host larger models and datasets.
• XetHub's features like content-defined chunking and deduplication will streamline data handling.
• Hugging Face aims to support hundreds of millions of models in the next five years.

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