How to prove $\text{Rank}(AB)\leq \min(\text{Rank}(A), \text{Rank}(B))$?

Hint: Show that rows of $AB$ are linear combinations of rows of $B$. Transpose this hint.

I used a way to prove this, which I thought may not be the most concise way but it feels very intuitive to me. The matrix $AB$ is actually a matrix that consist the linear combination of $A$ with $B$ the multipliers. So it looks like... $$\boldsymbol{AB}=\begin{bmatrix} & & & \\ a_1 & a_2 & ... & a_n\\ & & & \end{bmatrix} \begin{bmatrix} & & & \\ b_1 & b_2 & ... & b_n\\ & & & \end{bmatrix} = \begin{bmatrix} & & & \\ \boldsymbol{A}b_1 & \boldsymbol{A}b_2 & ... & \boldsymbol{A}b_n\\ & & & \end{bmatrix}$$ Suppose if $B$ is singular, then when $B$, being the multipliers of $A$, will naturally obtain another singular matrix of $AB$. Similarly, if $B$ is non-singular, then $AB$ will be non-singular. Therefore, the $rank(AB) \leq rank(B)$.

Then now if $A$ is singular, then clearly, no matter what $B$ is, the $rank(AB)\leq rank(A)$. The $rank(AB)$ is immediately capped by the rank of $A$ unless the the rank of $B$ is even smaller.

Put these two ideas together, the rank of $AB$ must have been capped the rank of $A$ or $B$, which ever is smaller. Therefore, $rank(AB) \leq min(rank(A), rank(B))$.

Hope this helps you!

Since we have $\text{Col }AB \subseteq \text{Col }A$ and $\text{Row }AB \subseteq \text{Row }B$, therefore $\text{Rank }AB \leq \text{Rank }A$ and $\text{Rank }AB \leq \text{Rank }B$, then the result follows.