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Read the storyHugging Face
Reporting and context on Hugging Face, with a closer look at the decisions and developments that matter.
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At a glance
Hugging Face provides tools and a community platform for machine learning. Coverage follows model sharing, open-source libraries and the AI developer ecosystem.
- Focus
- Model Hub; Transformers; open-source AI
- Reference
- Hugging Face
Reviewed 19 October 2026. Dates retain the precision of the source; retrospective disclosures are identified in the event. No ARR is inferred from model counts, financing or valuation. The NVIDIA transaction is recorded as announced.
Company milestones
Revenue, funding, product launches and major company events, newest first. Expand the earlier milestones for more history.
NVIDIA announces a $12.93B acquisition
The reported agreement concerns the purchase of Hugging Face. An announced acquisition is not treated as a completed transaction.
Source: AxiosReported annualized revenue reaches $150M
The Information reports the August milestone; this is an annualized measure.
Source: The Information
Show earlier milestonesHide earlier milestones2025–2018 · 8 milestones
Earlier revenue, financing and company milestones.
Acquires Pollen Robotics
The acquisition adds open-hardware robotics to LeRobot and the Hub. The company identifies this as its fifth acquisition.
Source: Hugging FaceLaunches the LeRobot effort
Hugging Face begins its open robotics library, connecting robot datasets, policies and hardware workflows.
Source: Hugging Face retrospective$235M Series D at $4.5B valuation
A Salesforce-led round includes major technology investors. The valuation is a financing measure, not annual recurring revenue.
Source: CB InsightsRaises $100M Series C
Lux leads the round, supporting open-source research, the Hub and enterprise products.
Source: Hugging FaceRaises $40M Series B
Addition leads the financing for the machine-learning library and platform.
Source: TechCrunchAnnounces Transformers v4
The Transformers library moves to its fourth major version.
Source: Hugging FacePublishes Transformers research
The Hugging Face team describes its open-source library for pretrained language models.
Source: Hugging FaceOpen-sources PyTorch BERT
The library work becomes an important foundation for the later Transformers ecosystem and collaborative model platform.
Source: Hugging Face retrospective
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