Hugging Face Reportedly Exploring $13B Sale, Nearly 3x Its 2023 Valuation

Hugging Face is reportedly exploring a sale at a $13 billion valuation, nearly 3x its $4.5 billion valuation from 2023, as buyers target critical AI infrastructure. The talks follow OpenRouter's sale for $8 billion, with neither company being a frontier AI model maker, highlighting strong private-market demand for AI infrastructure platforms.