We Raised $100 Million for Open & Collaborative Machine Learning 🚀

Hugging Face · 4 years ago · 25

Hugging Face raised $100 million in Series C funding led by Lux Capital, with participation from Sequoia, Coatue, and other investors. The platform hosts 100,000 pre-trained machine learning models and 10,000 datasets, and over 10,000 companies now use Hugging Face to build AI applications. The funding will support expansion of research, open-source development, and the company's work on responsible AI practices including efforts to address bias, privacy, and energy consumption in machine learning.