Hugging Face is in talks that could value a sale above $13 billion

Business Insider reported that Hugging Face has been approached to sell at more than $13 billion and is talking to banks. There is no deal, and no buyer has been named.

Image published with TechCrunch on Hugging Face acquisition talks

On August 24 TechCrunch relayed a Business Insider report that Hugging Face had been approached to sell for more than $13 billion. The company is talking to banks; there is no deal and no named buyer.

What we know

Business Insider reported Hugging Face had been approached to sell at more than $13 billion and is talking to banks.
There is no deal, and no buyer has been named.
The last raise was in 2023 at a $4.5 billion post-money valuation led by Salesforce Ventures.
Clem Delangue said the company is close to profitability and has a long-term responsibility to the community.
Earlier in 2026 Hugging Face turned down $500 million from Nvidia at a $7 billion valuation.

Takeaways

The $13 billion-plus figure is an approach, not a signed sale.
The last priced round was $4.5 billion in 2023, led by Salesforce Ventures.
Delangue is stressing profitability and community duty after declining Nvidia at $7 billion.

Source: TechCrunch / Business Insider

Related reading

Image published with The Register on Perplexity’s Portable Computer

AIAug 263 min read

Perplexity’s Portable Computer runs its agent stack on a local DGX Spark

Portable Computer is a local version of Perplexity’s Computer agent: harness, orchestrator, and open-weight models on an Nvidia DGX Spark. Local inference avoids per-token API fees.

Image published with The Register on Debian’s LLM-usage General Resolution

AIAug 263 min read

Debian developers vote on how far LLMs can go in the project

Debian is running a General Resolution on LLM use, with eight overlapping proposals from a total ban to conditional acceptance. Project Lead Sruthi Chandran extended voting by a week; The Register counted fewer than 350 ballots when it reported.

Image published with The Verge on ChatGPT Work signing in to websites

AIAug 263 min read

ChatGPT Work can now sign in to websites to finish tasks

ChatGPT Work can sign in to websites for multi-step jobs such as booking a DMV appointment, canceling a reservation, or submitting a job application. OpenAI says it never sees the user’s login credentials.

All of Pulse

AIAugust 24, 20263 min read

Hugging Face is in talks that could value a sale above $13 billion

Business Insider reported that Hugging Face has been approached to sell at more than $13 billion and is talking to banks. There is no deal, and no buyer has been named.

What we know

Business Insider reported Hugging Face had been approached to sell at more than $13 billion and is talking to banks.
There is no deal, and no buyer has been named.
The last raise was in 2023 at a $4.5 billion post-money valuation led by Salesforce Ventures.
Clem Delangue said the company is close to profitability and has a long-term responsibility to the community.
Earlier in 2026 Hugging Face turned down $500 million from Nvidia at a $7 billion valuation.

Takeaways

The $13 billion-plus figure is an approach, not a signed sale.
The last priced round was $4.5 billion in 2023, led by Salesforce Ventures.
Delangue is stressing profitability and community duty after declining Nvidia at $7 billion.

Source: TechCrunch / Business Insider