Market2026-08-23
Hugging Face, the platform where developers publish and download AI models, has been exploring a sale that could value it at $13 billion or more, according to people familiar with the talks. The company is working with a bank to gauge bidder interest and no deal has been agreed. It was last valued at $4.5 billion in 2023.
What changed
Hugging Face was last valued at $4.5 billion in a 2023 funding round.
- $13 billion or more sale value
- $4.5 billion valuation in 2023
- ~$8 billion Stripe-OpenRouter deal
Sources