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Hugging Face reportedly explores sale at $13B+ valuation

#hugging face#acquisition#valuation#ai startup

Hugging Face has reportedly been exploring a sale that could value it at over $13 billion, up from $4.5 billion in 2023, and has been working with a bank to gauge bidder interest. However, the founders' commitment to the community may block a deal.

Coverage timeline

  1. Techmeme
    Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest (Katie Roof/Business Insider)

    Katie Roof / Business Insider : Sources: Hugging Face has been exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to gauge bidders' interest — The AI industry's next blockbuster acquisition may not be another model maker. — Hugging Face, whose platform helps developers discover …

  2. TechCrunch AIRebecca Bellan
    Hugging Face reportedly in talks to be acquired for $13B

    Hugging Face has reportedly been fielding acquisition offers that would value the company at around $13B. But with the founders' feeling of responsibility to community, doubts arise as to whether a sale will happen.