{"id":1166808,"date":"2026-08-24T15:13:14","date_gmt":"2026-08-24T15:13:14","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/1166808\/"},"modified":"2026-08-24T15:13:14","modified_gmt":"2026-08-24T15:13:14","slug":"hugging-face-reportedly-in-talks-to-be-acquired-for-13b","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/1166808\/","title":{"rendered":"Hugging Face reportedly in talks to be acquired for $13B"},"content":{"rendered":"

Hugging Face has been approached to sell at a valuation of $13 billion or more, Business Insider reported<\/a> over the weekend.\u00a0<\/p>\n

The startup\u2019s platform and open-source community is where developers and researchers share, find, test, and deploy AI models. Hugging Face was recently the target of an attack from one of OpenAI\u2019s systems,<\/a> which broke out of its sandbox during a cybersecurity evaluation and breached the startup\u2019s servers.\u00a0<\/p>\n

It\u2019s not clear who Hugging Face has been in talks with, and no deal has yet been reached, according to Business Insider. However, the startup has reportedly been talking to banks to help evaluate bids.\u00a0<\/p>\n

The talks come amid increased interest in companies providing core AI infrastructure services, as evidenced by Stripe\u2019s $7 billion acquisition of OpenRouter<\/a>.\u00a0<\/p>\n

Hugging Face last raised in 2023 at a $4.5 billion post-money valuation in a round led by Salesforce Ventures, with participation from Alphabet, GV, IBM Ventures, and others.\u00a0<\/p>\n

On a recent episode of the TechCrunch Equity podcast<\/a>, Hugging Face CEO Clem Delangue said that the company was \u201cclose to profitability\u201d and only \u201crecently started to touch the money that [it] raised three years ago,\u201d adding that the startup is thinking about how to optimize for \u201clong-term sustainability of the company rather than short-term profits or fundraising maximization.\u201d<\/p>\n

\u201cWe\u2019re more in a unique position where we can keep creating value for the community and for AI builders,\u201d he said.<\/p>\n

The way Delangue has discussed the company\u2019s responsibility to the Hugging Face community raises questions over whether the startup is truly considering selling or is simply fielding offers for what has become a central pillar in AI infrastructure.\u00a0<\/p>\n

\u201cWe\u2019re building a platform for the community, and they\u2019re trusting us with sharing their data and their models on the platform, so we have a long-term responsibility to them,\u201d Delangue said on Equity.\u00a0<\/p>\n

More to the point, the company earlier this year turned down a $500 million investment from Nvidia that would have valued it at $7 billion, saying at the time<\/a> that it didn\u2019t want a single dominant investor to sway decisions.\u00a0\u00a0<\/p>\n

TechCrunch has reached out to Hugging Face for more information.<\/p>\n

When you purchase through links in our articles, we may earn a small commission<\/a>. This doesn\u2019t affect our editorial independence.<\/p>\n","protected":false},"excerpt":{"rendered":"Hugging Face has been approached to sell at a valuation of $13 billion or more, Business Insider reported…\n","protected":false},"author":2,"featured_media":1166809,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[3163],"tags":[323,1942,30623,10733,53,16,15],"class_list":["post-1166808","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-hugging-face","tag-open-source","tag-technology","tag-uk","tag-united-kingdom"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/117151138160203295","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1166808","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=1166808"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/1166808\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/1166809"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=1166808"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=1166808"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=1166808"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}