AI startup Hugging Face has recently raised $235 million in a Series D funding round, according to reports from The Information and Salesforce CEO Marc Benioff. The funding round included participation from major companies such as Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce, and Sound Ventures, and has valued Hugging Face at $4.5 billion. Hugging Face provides a platform for creating, testing, and deploying machine learning models, and offers various data science tools and hosting services. The company has gained significant traction in the AI space, with 10,000 customers and over 1 million repositories on its model hub. Hugging Face plans to focus on further supporting research, enterprise, and startups with its latest investment.
https://techcrunch.com/2023/08/24/hugging-face-raises-235m-from-investors-including-salesforce-and-nvidia/