“To democratize artificial intelligence (AI) and make it accessible to everyone. They aim to empower users to build, train, and deploy state-of-the-art models, transforming industries and improving lives through innovative technology”

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Founded in 2016 by Clement Delangue, Julien Chaumond, and Thomas Wolf, Hugging Face started as a chatbot company and has evolved into a leader in AI and Natural Language Processing (NLP). Based in New York City, the company provides an open-source platform that supports a wide array of machine learning models and datasets, becoming a cornerstone in the NLP market.

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Business Model

Hugging Face operates on a community-driven, open-source business model. It offers a platform with a comprehensive ecosystem of models, datasets, and applications that cater to researchers, developers, and learners. This model not only drives innovation but also creates a collaborative environment where users contribute to and benefit from shared resources, pushing the boundaries of AI technology.

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Targeted Impact

Hugging Face aims to revolutionize AI interaction by making cutting-edge NLP technology accessible to all.

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Who Will benefit?

Researchers, developers, and organizations seeking to harness AI for various applications will benefit from Hugging Face's tools and resources.

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What Comes Next?

Hugging Face plans to continue expanding its open-source offerings and community, driving further innovation in AI and NLP.

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Hugging Face Growth Timeline

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Hugging Face and Competition

Top competitors include OpenAI, Google AI, and Microsoft Azure AI. Hugging Face differentiates itself with a strong focus on open-source principles and community collaboration, while competitors often emphasize proprietary models and services.

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VC / Strategic Investors

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a-capital

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A.Capital

Invested at:

Series A, Series B

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<logo>

aix-ventures

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<text>

AIX Ventures

Invested at:

Series C

</text>

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<logo>

amd-ventures

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<text>

AMD Ventures

Invested at:

Series D

</text>

</cardLogo>

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<cardLogo>

<logo>

addition

</logo>

<text>

Addition

Invested at:

Series B, Series C

</text>

</cardLogo>

<cardLogo>

<logo>

amazon

</logo>

<text>

Amazon

Invested at:

Series D

</text>

</cardLogo>

<cardLogo>

<logo>

betaworks

</logo>

<text>

Betaworks

Invested at:

Series A, Series B, Series C

</text>

</cardLogo>

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<cardLogo>

<logo>

google

</logo>

<text>

Google

Invested at:

Series D

</text>

</cardLogo>

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<logo>

ibm

</logo>

<text>

IBM

Invested at:

Series D

</text>

</cardLogo>

<cardLogo>

<logo>

intel

</logo>

<text>

Intel

Invested at:

Series D

</text>

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</row>

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<cardLogo>

<logo>

lux-capital

</logo>

<text>

Lux Capital

Invested at:

Series A, Series B, Series C

</text>

</cardLogo>

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<logo>

nvidia

</logo>

<text>

Nvidia

Invested at:

Series D

</text>

</cardLogo>

<cardLogo>

<logo>

qualcomm

</logo>

<text>

Qualcomm

Invested at:

Series D

</text>

</cardLogo>

</row>

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<cardLogo>

<logo>

sv-angel

</logo>

<text>

SV Angel

Invested at:

Series C

</text>

</cardLogo>

<cardLogo>

<logo>

sound-ventures

</logo>

<text>

Sound Ventures

Invested at:

Series D

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Key Partners

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