Hugging Face has been fielding M&A interest for a deal worth at least $13B (businessinsider.com)

The article is very short and contains almost no substance at all. The gist is:

> Hugging Face […] has been exploring a sale that could value the company at $13 billion or more. The startup has been working with a bank to gauge bidders' interest, and no deal has been reached yet.

How? Doesn't it just basically host files? I barely know what it is other than to download models other people produce.