{"id":149196,"date":"2026-08-24T09:34:14","date_gmt":"2026-08-24T09:34:14","guid":{"rendered":"https:\/\/www.europesays.com\/ai\/149196\/"},"modified":"2026-08-24T09:34:14","modified_gmt":"2026-08-24T09:34:14","slug":"hugging-face-reportedly-wants-to-be-acquired-for-about-13-billion","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ai\/149196\/","title":{"rendered":"Hugging Face Reportedly Wants to Be Acquired for About $13 Billion"},"content":{"rendered":"<p class=\"p1\">The AI resource repository Hugging Face is a little like GitHub for AI, except a recent news event\u2014<a href=\"https:\/\/gizmodo.com\/hugging-face-we-used-ai-to-catch-the-first-confirmed-ai-agent-breach-of-a-major-ai-platform-2000787778\" rel=\"nofollow noopener\" target=\"_blank\">an OpenAI model autonomously attacking it<\/a>\u2014made it famous among people who aren\u2019t developers. Now, according to Business Insider, it\u2019s <a href=\"https:\/\/www.businessinsider.com\/hugging-face-could-be-acquired-13-billion-2026-8\" rel=\"nofollow noopener\" target=\"_blank\">floating the idea of being acquired<\/a>. Smart timing!<\/p>\n<p class=\"p1\">Insider\u2019s story, which cites anonymous \u201cpeople familiar with the matter,\u201d says Hugging Face is allied with \u201ca bank\u201d\u2014no word on which one\u2014and does not yet have a deal. Insider says it\u2019s looking to be valued at about $13 billion.<\/p>\n<p class=\"p1\">The last official word on Hugging Face\u2019s valuation was back in 2023, when it received a funding round <a href=\"https:\/\/observer.com\/2023\/08\/hugging-face-ai-raise-fund-salesforce\/\" rel=\"nofollow noopener\" target=\"_blank\">valuing it at $4.5 billion<\/a>. A large investment offer last year from Nvidia would have valued it at $7 billion, but it <a href=\"https:\/\/www.ft.com\/content\/d14419c5-7fa5-4128-9858-7f83259ca02e\" rel=\"nofollow noopener\" target=\"_blank\">turned that offer down<\/a>.<\/p>\n<p class=\"p1\">Hugging Face, founded in 2016, is mostly known as a place to publish and run AI models, which for starters is a good way to market your work. You can spread news about yourself far and wide if you\u2019re a smalltime lab\u2014or in many cases even a <a href=\"https:\/\/huggingface.co\/facebook\" rel=\"nofollow noopener\" target=\"_blank\">major lab<\/a>. And why does AI have its own non-GitHub repository? In part because Hugging Face is designed around the enormous file sizes involved in storing model weights. Also, Hugging Face is organized intuitively for AI models.<\/p>\n<p class=\"p1\">It makes money in pretty much the same way as GitHub: <a href=\"https:\/\/www.linkedin.com\/posts\/jeffboudier_people-ask-me-so-how-does-hugging-face-activity-7180620993080537089-zG-7\/\" rel=\"nofollow noopener\" target=\"_blank\">selling upgraded speed and privacy to enterprise users<\/a>.<\/p>\n<p class=\"p1\">GitHub, for its part, was <a href=\"https:\/\/news.microsoft.com\/source\/2018\/06\/04\/microsoft-to-acquire-github-for-7-5-billion\/\" rel=\"nofollow noopener\" target=\"_blank\">acquired by Microsoft back in 2018<\/a> for $7.5 billion.<\/p>\n","protected":false},"excerpt":{"rendered":"The AI resource repository Hugging Face is a little like GitHub for AI, except a recent news event\u2014an&hellip;\n","protected":false},"author":2,"featured_media":149197,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[24,25,18044,9318],"class_list":["post-149196","post","type-post","status-publish","format-standard","has-post-thumbnail","category-ai","tag-ai","tag-artificial-intelligence","tag-hugging-face","tag-mergers"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/149196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/comments?post=149196"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/posts\/149196\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media\/149197"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/media?parent=149196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/categories?post=149196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ai\/wp-json\/wp\/v2\/tags?post=149196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}