Beckmann

Dossier · Ongoing

The Sale of Hugging Face

From the first sale exploration in August to Nvidia's purchase negotiations at $12.9 billion: the Hugging Face sale, tracked over time.

Hugging Face, the central platform for open AI models, has been at the center of a possible change of ownership since August 2026. What began as an exploration of a sale at a $13 billion valuation developed within days into concrete purchase negotiations with Nvidia – the same company whose investment offer the platform had rejected in 2025.

Timeline

  1. Hugging Face is exploring sale for $13 billion

    The platform for open AI models is reportedly seeking a buyer, having rejected an offer from Nvidia in 2025.

  2. Nvidia negotiates purchase of Hugging Face for $12.9 billion

    The chip manufacturer reportedly agrees on a price that is almost three times the last valuation of Hugging Face.