Kate Hudson and Owen WilsonKate Hudson and Owen WilsonWhen rumour-mongers first suggested that there was something going on between Owen Wilson and Kate Hudson, he firmly denied it.

So we're treating news that the You, Me And Dupree co-stars are now an item with some caution.

According to US publication People, Kate, 27, and Owen, 37, have been spending a fair bit of time together of late... in public, too.

Recent sightings include Owen joining Kate and her pals for a get together at her place in California, and enjoying drinks later at the Beverly Hills Hotel.

A source told People: "The chemistry between (them), the electricity, was palpable... They really looked into each other, despite the fact that they were among other people."

Owen's rep, who previously denied any romance between him and the newly single Kate, has "no comment on his personal life".

Of course, as former co-stars, it could all just be purely platonic, with Owen helping Kate after her recent marriage split.

For this reason, we won't get too excited about a new coupling down Hollywood way just yet.

But we'll be keeping a close eye on things.