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Open source machine learning AI platform created in the United States by three Frenchmen

News

AI: Hugging Face nugget valued at $4.5 billion 25/08/2023

  • Start-up Hugging Face has raised $235 million in its latest funding round.
  • Major companies such as Salesforce, Google, Nvidia, IBM, Amazon, Intel, Qualcomm, AMD and Sound Ventures have invested in Hugging Face.
  • Hugging Face was founded in 2016 in New York.
  • This start-up has, directly or indirectly, helped more than 20,000 companies get started with artificial intelligence.
  • Hugging Face has 170 employees.
  • The company's projected revenues for this year are $30 million, around 100 times less than its valuation.

Founded by three Frenchmen, new unicorn Hugging Face exceeds $1 billion valuation 09/05/2022

  • The company raised $100 million from Sequoia Capital, valuing it at $2 billion
  • 10,000 companies use the platform, including 1,000 paying accounts
  • The world's most widely used platform for artificial intelligence
  • The company intends to double its workforce to over 250 employees by the end of the year - most of them in France, where some of the engineers are based

Studies mentioning this company

The market for AI-based writing assistants - Overall

Other companies mentioned:

  • Open AI
  • Jasper
  • Copy.ai
  • AI Writer
  • TextBulker
  • Hyperwrite
  • Pairokay
  • TextBlaze
  • Writesonic
  • Long Shot
  • Frase
  • Rytr
  • Yourtext.guru (Babbar)
  • Rapidely
  • Outranking
  • Le Scribouillard
  • Smart Copy (Unbounce)
  • Eudata S.r.l.
  • Ellysse S.r.l.
  • LiveHelp S.r.l.
  • Indigo.ai
  • Userbot S.r.l.
  • LMP Explain
  • Stability AI
  • Mistral AI
  • Anthropic
  • Inflection AI
  • Bard Google
  • Databricks
  • CapGemini
  • Huggin Face
  • Docaposte
  • 01.AI
  • Aleph Alpha
  • Jimini AI
  • Samsung Electronics France
  • Silo
  • Datategy
  • Adaptive ML
  • FlexAI
  • DeepL
  • Helsing