Artificial intelligence startup Hugging Face completes $235 million in Series D financing, Amazon, Nvidia and others participate

2023/08/25 08:00

Hugging Face, an artificial intelligence startup, announced that it has completed a $235 million Series D financing round. The investors include well-known institutions such as Alphabet, the parent company of Google, Amazon, Nvidia, AMD, Intel, Qualcomm Ventures, IBM, Salesforce Ventures, and Sound Ventures. The post-investment valuation is $4.5 billion. Hugging Face will use the funds to increase its recruitment efforts and invest in the technology.
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