According to Business Insider, citing sources, the AI startup Hugging Face has been exploring a sale, with the transaction valuation possibly reaching $13 billion (about 87.66 billion yuan) or higher. The New York-based company, which hosts open-source large models and datasets, is reportedly working with a bank to assess potential buyers' interest.
Looking back at 2023, Hugging Face had a valuation of $4.5 billion (about 30.344 billion yuan) in a funding round led by Salesforce, Google, and NVIDIA. If this sale goes through, it would mean its valuation has nearly tripled in less than three years, reflecting how open-source AI infrastructure is increasingly becoming a rare strategic acquisition target in the current competition among major players for computing power and ecosystems.
