Summary: AI startup Hugging Face has secured $235 million in a Series D funding round, led by participation from major companies such as Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce, and Sound Ventures. The funding values Hugging Face at $4.5 billion, reflecting the growing demand for AI and supporting platforms.
Hugging Face offers a range of data science hosting and development tools, and its paid functionality includes features like automating AI model training and speeding up data processing. The company plans to focus on research, enterprise, and startup support with its new funding.