Hugging Face Explores Sale at $13B+ Valuation, Nearly 3x Its 2023 Series D Mark

Business Insider reports that Hugging Face has been quietly exploring a sale that could value the open model hub at more than $13 billion, up from the $4.5 billion it fetched in its 2023 Series D, according to Katie Roof. Sources say the company has been working with a bank to gauge bidder interest. The talks come after Hugging Face publicly turned down a $500M Nvidia investment in late 2025.