Today we have now some exciting news to share! Hugging Face has raised $100 Million in Series C funding 🔥🔥🔥 led by Lux Capital with major participations from Sequoia, Coatue and support of existing investors Addition, a_capital, SV Angel, Betaworks, AIX Ventures, Kevin Durant, Wealthy Kleiman from Thirty Five Ventures, Olivier Pomel (co-founder & CEO at Datadog) and more.
We have come a great distance since we first open sourced PyTorch BERT in 2018 and are only getting began! 🙌
Machine learning is becoming the default method to construct technology. When you concentrate on your average day, machine learning is in all places: out of your Zoom background, to searching on Google, to ordering an Uber or writing an email with auto-complete –it’s all machine learning.
Hugging Face is now the fastest growing community & most used platform for machine learning! With 100,000 pre-trained models & 10,000 datasets hosted on the platform for NLP, computer vision, speech, time-series, biology, reinforcement learning, chemistry and more, the Hugging Face Hub has turn into the Home of Machine Learning to create, collaborate, and deploy state-of-the-art models.
Over 10,000 corporations are actually using Hugging Face to construct technology with machine learning. Their Machine Learning scientists, Data scientists and Machine Learning engineers have saved countless hours while accelerating their machine learning roadmaps with the assistance of our products and services.
We would like to have a positive impact on the AI field. We expect the direction of more responsible AI is thru openly sharing models, datasets, training procedures, evaluation metrics and dealing together to resolve issues. We imagine open source and open science bring trust, robustness, reproducibility, and continuous innovation. With this in mind, we’re leading BigScience, a collaborative workshop across the study and creation of very large language models gathering greater than 1,000 researchers of all backgrounds and disciplines. We are actually training the world’s largest open source multilingual language model 🌸
⚠️ But there’s still an enormous amount of labor left to do.
At Hugging Face, we all know that Machine Learning has some necessary limitations and challenges that must be tackled now like biases, privacy, and energy consumption. With openness, transparency & collaboration, we will foster responsible & inclusive progress, understanding & accountability to mitigate these challenges.
Because of the brand new funding, we’ll be doubling down on research, open-source, products and responsible democratization of AI.
It has been a hell of a ride to grow from 30 to 120+ team members previously 12 months. We were super lucky to have been joined by incredibly talented (and fun!) teammates like Dr. Margaret Mitchell and the Gradio team, and we do not plan to stop here. We’re hiring for each position you possibly can consider for each level of seniority. We’re a remote-friendly, decentralized organization with transparency and value-inspired decision making by default.
Huge due to every contributor in our amazing community and team, our customers, partners, and investors for helping us reach this point. We couldn’t have done it without you, and we will not wait to work along with you on what’s next. Your contributions are key to helping construct a greater future where AI is founded on open source, open science, ethics and collaboration.
For press inquiries, please contact team@huggingface.co
