Hugging Face reportedly works with a bank to gauge sale interest at $13B+ valuation

mark_k · x · 2026-08-24

Hugging Face, a core piece of open-source AI infrastructure, is working with a bank to gauge acquisition interest at a valuation of $13B+, per Business Insider. No bidder has been named.

That's nearly 3x its $4.5B valuation from 2023. With model hosting, datasets, and Spaces all on its platform, whoever acquires it would gain enormous leverage over the open-source AI ecosystem. Still an early-stage report.

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