Hugging Face reportedly hits $150M annualized revenue amid sale talks

Hugging Face's annualized revenue grew 50% over the past two months to over $150M, according to The Information, and the company is reportedly nearing a sale at a valuation of around $13B.

Confirmed

• Per The Information (relayed by m2/m3/m4/m5), annualized revenue rose 50% in two months to $150M.
• Growth came mainly from paid compute, storage and subscriptions around its model hub, showing open-source AI demand converting into infrastructure revenue.
• The company is reportedly close to a sale deal.

Unconfirmed

• The buyer and deal terms remain undisclosed; the sale itself is still at the rumor stage.
• The $13B valuation cited by Reddit user @shoeshineboy99 is unverified.

Why it matters

• Hugging Face is a core hub of the open-source AI ecosystem, with a unique position in model weights, datasets and Spaces.
• Even with rapid growth, the implied revenue multiple (86x annualized revenue) remains very high; this growth partially eases earlier concerns about valuation-revenue mismatch.
• Community users like @shoeshineboy99 worry that a more profit-focused new owner could change the platform's policies toward open source.

2026-08-25 ~ 2026-08-26 · 5 related posts

• [source] Hugging Face annualized revenue surges 50% to $150M, nears sale deal — matt_slotnick · 2026-08-25
• [source] Hugging Face exploring sale: Impact on open models? — shoeshineboy_99 · 2026-08-26

3 near-duplicate retellings: rohanpaul_ai · rohanpaul_ai · AccBalanced