DataArticle

Hugging Face has reached $100M annual run-rate revenue while still keeping the platform free and open for 97% of its users.

Hugging Face CEO Clement Delangue announced the company hit $100M annual run-rate while maintaining a free, open platform for 97% of its user base and managing hundreds of petabytes of models and datasets. ✦ AI generated

Clement Delangue · Latent Space · 2026-06-26 · original ↗

Export .md Export .txt

Hugging Face crossed a major business milestone without abandoning its open positioning: Clement Delangue announced $100M annual run-rate, while saying HF still keeps the platform free/open for 97% of users and manages hundreds of petabytes of models and datasets.

Read full article ↗excerpt · fair-use quotation

▦ Hugging Face ◉ Clement Delangue

Around this claim

This moment responds to

gives example → Open source lets innovators build without fear of lawsuits or licensing costs, letting ideas coded in a dorm room or garage grow into major companies, as when the first version of Facebook was built entirely on open source software.Kevin Xu (Interconnected, co-author) · Interconnects