Sources say Salesforce has identified Hugging Face, an open source model library company, as a "potential acquisition target" and is now helping it lead a new round of financing.

CTOnews.com August 23 news, according to foreign media The Information reports, open source model library company Hugging Face is carrying out a new round of financing, this round of financing led by Salesforce's investment agency Salesforce Ventures.

Salesforce's CEO Marc Benioff confirmed the news in a tweet on platform X, and Hugging Face's fundraising is expected to raise about $200m (CTOnews.com Note: currently about 1.46 billion yuan), valuing it at $4 billion (currently about 29.2 billion yuan).

▲ Picture Source Marc Benioff posted on the X platform it is reported that Hugging Face, founded in 2016, is an open source model library company whose customers include Microsoft, Amazon, IBM and so on. Many of the AI models previously published by CTOnews.com are open source in this platform.

At present, Salesforce Ventures, with total assets of US $20 billion, is the most active investor in the field of business services in the United States. Foreign media believe that the leading investment of Salesforce shows that it expects to regard Hugging Face as a potential acquisition target.

In June, Salesforce announced the launch of AI Cloud, an artificial intelligence product that allows enterprise customers to use models from Anthropic, OpenAI and other vendors, as well as Salesforce's cloud servers.