AI Startup Hugging Face Valued at $4.5 Billion After Raising Funding From Google, Nvidia
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Hugging Face Inc., a startup that makes artificial intelligence software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding.
Alphabet Inc.’s Google, Amazon.com Inc., Nvidia Corp., Intel Corp., Salesforce Inc. and others participated in the funding round, the company said Thursday. Hugging Face now has raised a total of $395 million, Chief Executive Officer Clement Delangue said in an interview.