24 August 2026
Hugging Face explores sale at $13 billion valuation
First reported
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- Hugging Face, a platform hosting over 2 million AI models and 1.5 million datasets, is considering selling itself.
- The potential sale price of $13 billion or more would nearly triple the company's $4.5 billion valuation from 2023.
- Hugging Face serves as a central repository where researchers and developers share and download pre-built AI models.
How it was covered
The Rundown AIRowan Cheung
Hugging Face, which hosts over 2 million models and 1.5 million datasets, is exploring a sale at $13 billion or more, up from its $4.5 billion valuation in 2023, according to Business Insider.