Hugging Face Explores Sale at $13 Billion Valuation
Hugging Face is exploring a sale that could value the company at $13 billion or more, SiliconANGLE reported, citing Business Insider.
The company has brought in a bank to contact potential buyers. Talks are early, and no bidder has been named.
Hugging Face was valued at $4.5 billion in a 2023 funding round led by Salesforce Ventures. Nvidia, Google, Amazon, Intel, Qualcomm, and IBM also participated.
The company runs a platform where developers publish and download open models and datasets. Its platform hosts more than 3 million public models and more than 1 million datasets.
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