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.

<row>

</row>

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.

‍

<row>

<col>

</col>

<col>

</row>

‍

Hugging Face's Financial Data

<row>

<card>

Hugging Face 180D

</card>

<card>

Hugging Face 90D

</card>

<card>

Hugging Face 30D

</card>

</row>

<row>

<card>

Series B Valuation

2023-08-09 -> $4.8B (filing)

</card>

<card>

Implied Valuation

2024-03-11 -> $5.06B (filing)

</card>

<card>

Change Since Last Round

+5.38%

</card>

</row>

‍

Funding Round in USD

‍

YTD Average Volatility of AV’s Composite Price

‍

Monthly Bid:Ask Volume Ratio

‍