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Hugging Face stock

Hugging Face Stock

Cloud Infrastructure and AI Hardware
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Founded: 2016Funding to Date: $445M
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Hugging Face is the creator of a community platform focused on machine learning, designed to foster collaboration on models, datasets, and applications. The platform of the company promotes the creation, discovery, and collaboration on machine learning projects. Hugging Face also offers premium computing and enterprise solutions to expedite processes using open-source development. The company is committed to developing fundamental machine learning tooling, enabling users to enhance and support the field of machine learning through collaboration, tools, and services.

Investors include:
Coatue Management logo
Sequoia Capital logo
Further Key Investors:

AMD Ventures, International Business Machines, Alphabet, Lux Capital, AIX Ventures, Sound Ventures, GV, IBM Global Finance, Advanced Micro Devices, SV Angel, Mercuri, IBM Ventures, MarketX, Amazon.com, Collective Liquidity, Nvidia, Patrick Montague, The Chernin Group, Intel, Betaworks, Firestreak Ventures, Qualcomm Ventures, AIspace Ventures, Betaworks Ventures, A.Capital Ventures.

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Management Team

Clément DelangueCo-Founder, President, Chief Executive Officer & Board Member
Julien ChaumondCo-Founder, President, Chief Technology Officer & Board Member
Thomas WolfCo-Founder & Chief Science Officer
Anna TordjmannChief of Legal
Emily WitkoExecutive of People, Diversity, Hiring & Belonging

Board Members

Brandon ReevesBoard Member
Clément DelangueBoard Member
Julien ChaumondBoard Member
Lee FixelBoard Member

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Hugging Face in the News

Source: Tech Funding NewsNVIDIA’s AI portfolio surge: Humanoids to GenAI for enterprises, here are all startups backed by the chipmaker

NVIDIA invested in 35 companies in 2023 and its AI investments are rising. Here are the interesting AI investments made by the chip maker.

Source: Get to TextHugging Face launches a robotics project with an ex-Tesla

Hugging Face launches a robotics project with an ex-Tesla

Source: VentureBeatHugging Face is launching an open source robotics project led by former Tesla scientist

Remi Cadene's move signals an ambitious expansion for Hugging Face, which until now, has primarily focused on software, not hardware.

Source: TechmemeServiceNow, Hugging Face, and Nvidia release free code-generating AI models StarCoder2-3B/7B/15B, the first two of which can run on most modern consumer GPUs (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch: ServiceNow, Hugging Face, and Nvidia release free code-generating AI models StarCoder2-3B/7B/15B, the first two of which can run on most modern consumer GPUs

Source: Analytics India MagHuggingFace Introduces Cosmopedia, the Largest Open Synthetic Dataset

The dataset consists of over 30 million samples and f 25 billion tokens, generated by Mixtral.

Source: TechmemeHugging Face launches HuggingChat Assistants, allowing users to create customized AI chatbots with specific capabilities using LLMs like Mixtral or Llama2 (Carl Franzen/VentureBeat)

Carl Franzen / VentureBeat: Hugging Face launches HuggingChat Assistants, allowing users to create customized AI chatbots with specific capabilities using LLMs like Mixtral or Llama2

Source: Voicebot.aiGenerative AI Coding Startup Codeium Raises $65M

Generative AI coding assistance startup Codeium has raised $65 million in a Series B funding round led by Kleiner Perkins...

Source: VentureBeatHugging Face teams up with Google to accelerate open AI development

Hugging Face users training AI models will also be able to tap hardware capabilities offered with Google Cloud, including TPUs, A3 VMs, powered by Nvidia H100 Tensor Core GPUs and C3 VMs.

Source: AlleyWatchThese Are the Largest NYC Tech Startup Funding Rounds of 2023

These Are the Largest NYC Tech Startup Funding Rounds of 2023

Source: Business InsiderSam Altman chaos helped OpenAI rivals, says Hugging Face CEO Clément Delangue

Hugging Face CEO Clément Delangue says customers are now more aware of the risk of outsourcing their AI to one provider.