Sources: Hugging Face is exploring a sale that could value it at $13B+, up from $4.5B in 2023, and has been working with a bank to evaluate bidders' interest
The AI industry's next blockbuster acquisition may not be another model maker. — Hugging Face, whose platform helps developers discover …
Business Insider Katie Roof
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Discussion
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@edzitron
Ed Zitron
on x
Wait, is this having or gauging interest? Because it reads like it's saying that it's exploring a sale and has no offers
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@katie_roof
Katie Roof
on x
@edzitron Changed to evaluate. They have m&a interest.
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@_advaitpatel
Underscore Advait Patel
on x
the only place that would make sense is meta or nvidia (and of the two I hope it's meta tbh)
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@jessalanfields
Jess Fields
on x
Hugging Face should be worth as much as Cursor is. Way more than $13 billion - maybe 3 to 4 times that. Considering that Hugging Face is the backbone of the open weights challenging frontier gatekeeping, it also occupies a uniquely powerful position in the ENTIRE economy.
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@srcasm
Jesse Middleton
on x
@Katie_Roof Last round was $4.5B in 2023, think, and they basically never raised again. Three times that without a new round would be awesome! Keep it up @ClementDelangue and NYC! 👏
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@andrewcurran_
Andrew Curran
on x
Hugging Face has been working with a bank to explore a sale that could value them at more than $13 billion.
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@himanshustwts
Himanshu
on x
Openrouter got acquired by $7B by Stripe. Now, Huggingface is up for sale at $13B + Interesting times! To mention, the founders rejected $500M investment from Nvidia last year bcz they didn't want a single powerful investor controlling them.
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@rohanpaul_ai
Rohan Paul
on x
JUST IN: Hugging Face is reportedly exploring a sale above $13B, nearly triple its last disclosed valuation. Business Insider reports the company is working with a bank to gauge bidders and the price would be nearly 3X the $4.5B valuation set by its $235M Series D in 2023.
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@jakehalloran1
Jake Halloran
on x
I assume this is Nvidia from a mission alignment and infinite money view but it would be very funny if it was Zuck
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@edzitron
Ed Zitron
on x
Everyone's running for the exits despite this apparently being the beginning of a revolution or whatever
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@timkellogg.me
Mr. Tim
on bluesky
oh good, we all know acquisitions always are good for the community — www.reuters.com/business/hug...
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r/LocalLLaMA
r
on reddit
Hugging Face for sales? 👀
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@dayhaysoos
Nick DeJesus
on x
“We're so early” yet so many companies eager to exit during this AI boom 🤔