Hugging Face triples investment in open source machine learning models

12 Mar, 2021

Hugging Face triples investment in open source machine learning models
Photo by Bingnan Li on Unsplash

– Hugging Face launched in 2016 with a chatbot app designed to be your “AI friend.”
– The NLP company has more than 100,000 community members and is planning to triple its efforts and expand beyond language models into fields like computer vision.
– Developers have used a hub on Hugging Face to share thousands of models, and CEO and cofounder Clement Delangue told VentureBeat Hugging Face wants to become to machine learning what GitHub is to software engineering.
– Hugging Face closed a $40 million series B funding round today. The round was led by Addition, with participation from Lux Capital, A.Capital, and Betaworks.

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