Hugging Face

Hugging Face is the fastest growing community & most used platform for machine learning.

Hugging Face is on a mission to advance and democratize artificial intelligence through open source and open science.

Hugging Face was founded in 2016 by Clement Delangue and Julien Chaumond. The company is headquartered in New York, with an office in Paris.

 

Hugging Face developed its own natural language processing (NLP) model called Hierarchical Multi-Task Learning (HMTL). Hugging Face released the Transformers, which allow you to leverage popular NLP models, such as BERT, GPT-2, T5 or DistilBERT and use those models to manipulate text in one way or another.

 

Hugging Face, with 100,000 pre-trained models & 10,000 datasets, its Hub has become the Home of Machine Learning to create, collaborate, and deploy state-of-the-art models. Over 10,000 companies are now using Hugging Face to build technology with machine learning.

 

Hugging Face also offers hosted services, such as the Inference API that lets you use thousands of models via a programming interface, and the ability to “AutoTrain” your model.

 

Hugging Face is backed by Lux Capital, Sequoia, Coatue, Addition, A.Capital, Betaworks, AIX Ventures, Cygni Capital, Kevin Durant, Olivier Pomel, and others. The company raised $100M in a Series C round on May 09, 2022. This brings Hugging Face's total funding to $160.2M to date. The latest round mints the company a unicorn with a valuation of $2B post-money.

 

 

  • Year founded: 2016
  • Funding Info: $160.2M over 5 Rounds (Latest Funding Type: Series C)
  • Yearly Revenue: NA
  • Employee Size: 51-200
  • Business Valuation: Valued at $2B as of May 09, 2022
  • City/Town: New York
  • State: New York
  • Country: United States
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