Google, Amazon, Nvidia and other tech giants invest in AI startup Hugging Face, sending its valuation to $4.5 billion
Publishing timestamp: 2023-08-24 14:00:01
Summary
Big Tech companies invest $235 million in AI startup Hugging Face, which provides tools for AI developers to share and test their work openly. The company has a $4.5 billion valuation and aims to hire talent to stay competitive in the AI space. Hugging Face's collaborative approach to building AI models has gained traction, with a focus on open-source platforms for developers.
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