Hugging Face Annualized Revenue Jumps 50% to Over $150M
Posts on X cite The Information on revenue growth from paid infrastructure services around its model hub.
X posts quote The Information reporting that Hugging Face boosted annualized revenue by 50 percent in two months to more than $150 million. The increase comes from paid compute, storage, and subscriptions around its model hub as open-model demand converts to infrastructure revenue. A separate post notes that any acquisition revenue multiple would remain high even with the growth. The packet contains no first-party confirmation from Hugging Face itself.
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Rohan Paul@rohanpaul_aiHugging Face's annualized revenue has jumped 50% to more than $150M in two months. The increase is coming from paid compute, storage, and subscriptions around its model hub, turning open-model demand into infrastructure revenue. - The Information.
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AE Amir Efrati@amirRevenue multiple on an acquisition of Hugging Face would still be super duper high, but at least there is some growth.
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