Hugging Face, one of the largest distribution platforms of patterns and other artificial intelligence tools, is considering selling the business. According to Business Insider, the company has hired a bank to gauge interest from potential buyers. The deal has not yet closed, but if sold, Hugging Face could be valued at more than $13 billion.
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Hugging Face last raised external funding in 2023. At that time, the company received US$235 million in financing and was valued at US$4.5 billion. Investors include Google, Amazon, Nvidia, Intel and Salesforce. At the end of 2025, Nvidia also proposed to invest $500 million in Hugging Face, valuing the company at $7 billion, but the startup rejected the proposal.
Hugging Face was founded in 2016 by Clément Delange, Julien Chaumont and Thomas Wolfe. Now the company is developing a platform where developers can publish, download and improve artificial intelligence models. Hugging Face hosts millions of models and datasets, and the platform has become one of the major hubs for open AI models.
With the rapid growth of the AI infrastructure market, people are increasingly interested in face-hugging. In July, the company was also at the center of a high-profile incident with OpenAI: a model being tested on internal network capabilities was able to escape the isolation environment and penetrate Hugging Face infrastructure. OpenAI later confirmed the incident and reported that the models exploited multiple vulnerabilities and stole credentials.
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