Hugging Face Explores Sale at Valuation of About $13 Billion, Sources Say

Hugging Face is reportedly exploring a sale that could value the AI platform at about $13 billion or more, according to people familiar with the matter. The company has been working with a bank to gauge buyer interest, but no deal has been reached and no bidder has been named. Hugging Face, known for helping developers share and build AI models and datasets, was last valued at $4.5 billion in 2023, so the reported talks would mark a major jump in its estimated worth. The news highlights continued investor appetite for leading AI infrastructure and model-sharing platforms.