Hugging Face
huggingface.coDeveloper of a chatbot application and natural language processing technologies designed to facilitate artificial intelligence-powered communication.
Price per share
12M · USD
Funding history
$M raised · $B post-money
Signals
7 latest
Nvidia has agreed to buy AI model platform Hugging Face for $12.9 billion
Nvidia has agreed to buy AI model platform Hugging Face for $12.9 billion, the latest step by the chip giant to use its financial heft to exert greater control in the AI ecosystem.Nvidia’s announcement confirms The Information’s report last week that Nvidia and Hugging Face had agreed to a deal for $12.9 billion. The acquisition of Hugging Face puts Nvidia in charge of a key distribution channel for millions of models in the race among open-source model developers to catch up to closed-source AI models from Anthropic and OpenAI.Hugging Face will remain an open platform, Nvidia said in a press release. Nvidia is paying $11.9 billion and setting up a $1 billion equity retention program for Hugging Face employees who join Nvidia, according to a securities filing.
Source: TheInformation
Hugging Face Launches $399 Open Source Microduck Robot
Hugging Face unveiled Microduck, a roughly $399 open-source duck-like robot that can sing and skate, extending the company's push into consumer robotics hardware.
Source: Bloomberg.com
Hugging Face Annualized Revenue Jumps 50% to $150 Million
AI startup Hugging Face, known for its repository of open-source models, is generating more than $150 million in annualized revenue, a 50% increase from two months ago, according to a person with direct knowledge of the matter.
Source: TheInformation
Hugging Face Explores Sale at $13B+ Valuation
Hugging Face has been fielding M&A interest and is gauging buyer appetite for a deal that could value the AI model hub at $13 billion or more, according to a Business Insider report.
Source: bloomberg-tech
Alibaba's Qwen 3.8-27B Tops Hugging Face Global Model Trend
Alibaba's Qwen 3.8-27B model has topped the Hugging Face global model trend rankings, signaling strong momentum for the open-source model on the platform.
Source: GuruFocus
Mira Murati's Lab Releases Largest US Open-Weight AI Model on Hugging Face
Mira Murati's AI lab has released what is described as the largest US open-weight AI model, publishing it on Hugging Face, marking a significant milestone for open-weight model availability on the platform.
Source: Tech Times
Hugging Face CEO Turned Down Half a Billion Dollars From Nvidia
Hugging Face CEO Clément Delangue reportedly turned down a half-billion dollar investment offer from Nvidia, highlighting the company's strategic independence in the competitive AI landscape.
Source: observer.com