Official announcements from Hugging Face or Argilla, or major tech news outlets

Hugging Face Acquires Argilla for $10 Million to Boost Community and Data-Centric Open-Source AI

Jun 13, 2024, 02:27 PM

Hugging Face has announced the acquisition of Argilla, a leading company in dataset creation with significant open-source contributions. The acquisition, valued at $10 million, marks a significant step for both companies in the open-source AI community. The collaboration between Hugging Face and Argilla has been ongoing for a year, and this formal integration aims to enhance community engagement, data-centric AI development, and open-source contributions. Key figures in the acquisition include Argilla's team and Hugging Face's representative, @osanseviero, who played a crucial role in the process.