HF

Hugging Face

Infrastructure

Open-source AI platform and model hub for the machine learning community.

Total funding$395.2M

Valuation$4.5B

Employees250

Founded2016

HeadquartersNew York, USA

StatusPrivate

Products

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

• Hugging Face Hub Platform Sold on its own

  Hosts and versions open models, datasets and demo applications, publicly or privately.

• Inference Endpoints Infrastructure service Sold on its own

  Deploys a model from the Hub to a dedicated managed endpoint, billed by the hour.

• Spaces Platform Sold on its own

  Hosts runnable demo applications for models on free or paid hardware.

• HuggingChat Application Sold on its own

  Chat app powered by open-source AI models with an Omni router that automatically selects the most suitable model, or lets users pick directly from 140+ open models.

• Inference Providers API service Sold on its own

  Marketplace connecting users to multiple third-party inference providers for hosted AI models, billed per input/output token with provider- and model-specific rates shown side by side.

• Hugging Face Jobs Infrastructure service Sold on its own

  Pay-as-you-go compute for running AI training, fine-tuning, synthetic data generation and batch inference jobs on Hugging Face's own CPU/GPU/TPU infrastructure via CLI or Python API.

Closest alternatives 5

DDatabricksPrivate · $190BSource says 'overlaps,' not 'competes' -- weaker framing, noted verbatim.3 of 5 capabilitiesShared product typeLarger scaleSourced competitorServe a model in productionCompareTMThinking Machines LabPrivate · $12BSacra's analyst report names Hugging Face's fine-tuning ecosystem in the same competitive paragraph whose closing sentence states these players 'compete directly with Thinking Machines' customization layer'.2 of 5 capabilitiesShared product typeLarger scaleSourced competitorTrain or fine-tune a modelCompareCCoherePrivate · $7BSame section.3 of 5 capabilitiesShared product typeSame scale bandSourced competitorBuild on a hosted model APICompareOOpenAIPrivate · $852BContrary Research 'Competition' section.1 of 5 capabilitiesShared product typeLarger scaleSourced competitorBuild on a hosted model APICompareAAnthropicPrivate · $965BSame section.2 of 5 capabilitiesShared product typeLarger scaleSourced competitorBuild on a hosted model APICompare

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How this list is ranked ↗

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Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Total funding

Third-party database · 27 Aug 2026

stockanalysis.com's own cumulative tally across its recorded funding rounds for this company, read 2026-08-27. The individual citation attached to this figure on the page is for the LATEST round only (Hugging Face raises $235M from investors, including Salesforce and Nvidia) and does not itself state the cumulative total — flagged and excluded rather than treated as verifying the sum.

Valuation

News reporting · 24 Aug 2023

AI startup Hugging Face valued at $4.5 bln in latest round of funding, Reuters, 2023-08-24. post-money valuation of the round dated 2023-08-24. Read via stockanalysis.com's citation for this figure on 2026-08-27. This stays the recorded valuation until NVIDIA's acquisition closes — an unclosed offer is a price someone agreed to pay, not a price the company has been valued at. See pending_acquisition_offer_usd for the signed, not-yet-closed deal price.

Employees

News reporting · Sep 2025

Forbes company profile for Hugging Face, "Employees" stated as of September 2025. Read 2026-08-27.

Founded

Wikipedia · 27 Aug 2026

Wikipedia infobox "founded" field, read 2026-08-27.

Pending acquisition offer

Regulatory filing · 3 Sep 2026

NVIDIA's own 8-K (Item 8.01, filed 2026-09-03, accession 0001045810-26-000078): "On September 2, 2026, NVIDIA Corporation entered into a definitive agreement to acquire Hugging Face, Inc." for approximately $11.9B cash to Hugging Face stockholders plus up to approximately $1.0B in employee-retention equity, totalling $12,930,300,000 — confirmed independently by NVIDIA's own blog ("NVIDIA has agreed to acquire Hugging Face for $12,930,300,000", blogs.nvidia.com/blog/nvidia-to-acquire-hugging-face/) and CNBC. Deal announced 2026-08-27, expected to close first half of 2027. status and valuation do not move until close.

Open Hugging Face in the directory

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