Hugging Face, the platform often described as the GitHub of artificial intelligence, is reportedly exploring a sale that could value the company at more than $13B. If the deal materializes, it would represent a staggering leap from the $4.5B valuation the company carried after its last funding round just three years ago.
From $4.5B to $13B in three years
Hugging Face’s most recent confirmed fundraise was a $235 million Series D round in August 2023. That round valued the company at $4.5B post-money and attracted an investor roster that read like a who’s who of Big Tech: Salesforce Ventures, Google, Amazon, and Nvidia all participated.
The company, founded in 2016 and led by CEO Clément Delangue, has built itself into the central hub for open-source AI development.
A company that likes saying no
