Hugging Face

Reporting and context on Hugging Face, with a closer look at the decisions and developments that matter.

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Hugging Face
Logo: Hugging FaceApache 2.0 / source

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

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.

  1. 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: Axios
  2. Reported 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.

  1. Acquires Pollen Robotics

    The acquisition adds open-hardware robotics to LeRobot and the Hub. The company identifies this as its fifth acquisition.

    Source: Hugging Face
  2. Launches the LeRobot effort

    Hugging Face begins its open robotics library, connecting robot datasets, policies and hardware workflows.

    Source: Hugging Face retrospective
  3. $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 Insights
  4. Raises $100M Series C

    Lux leads the round, supporting open-source research, the Hub and enterprise products.

    Source: Hugging Face
  5. Raises $40M Series B

    Addition leads the financing for the machine-learning library and platform.

    Source: TechCrunch
  6. Announces Transformers v4

    The Transformers library moves to its fourth major version.

    Source: Hugging Face
  7. Publishes Transformers research

    The Hugging Face team describes its open-source library for pretrained language models.

    Source: Hugging Face
  8. Open-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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