Hugging Face is a provider of open-source machine learning technologies and platforms, dedicated to democratizing access to advanced machine learning. The company's business model is centered around providing a collaborative platform for AI models, featuring over 400K models and 100K datasets.

In August 2023, Hugging Face secured $235 million in a Series D funding round, with leading investments from Salesforce Ventures and Nvidia.

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Latest News and Updates on Hugging Face

Google Cloud and Hugging Face Partnership — Google Cloud and Hugging Face have announced a strategic partnership to boost the development of generative AI and machine learning. Click here to read more.

Hugging Face's StarCoder Launch — Hugging Face has introduced StarCoder, a new set of code generation models designed to improve developer productivity. Click here to read more.

Hugging Face's Open Robotics Project — Hugging Face is venturing into robotics with the launch of its Open Robotics project, which aims to provide a collaborative platform for developing and sharing open-source robotics models and datasets. Click here to read more.

Malicious AI/ML Models on Hugging Face — A recent study has uncovered over 100 malicious AI and ML models hosted on Hugging Face's platform, raising concerns about the security of shared AI resources. Click here to read more.

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Hugging Face's Financial Data

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Hugging Face 180D

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Hugging Face 90D

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Hugging Face 30D

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Series D Valuation

<span class="date">2023-08-09</span>
<span class="value">$4.5B</span>

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Implied Valuation

<span class="date">2024-03-11 </span>
<span class="value">$4.74B</span>

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Change Since Last Round

<span class="date">2023-08-09 → 2024-03-11</span>

<span class="value green">+5.33%</span>

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Funding Round in USD

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YTD Average Volatility of AV’s Composite Price

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Monthly Bid:Ask Volume Ratio

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