Author(s): Dr. Mandar Karhade, MD. PhD.
Originally published on Towards AI.
Huggingface has positioned itself as the new standard stack in the NLP/LLM ecosystem. Now the companies are asking for an LLM stack.
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On the may of last year, Huggingface closed a new round of funding. This was the Series C funding round with a whopping evaluation of $2 billion. The Series C funding itself was just 5% of the total funding ($100 million). This round was facilitated by Lux Capital with Addition, Betaworks, AIX Ventures, Cygni Capital, Kevin Durant, and Olivier Pomel, continuing their streak of investing in new tech firms.
Since the beginning of Huggingface in 2016, as a chatbot “AI best friend forever (BFF)” by Clément Delangue (CEO) and Julien Chaumond (CTO) for teenagers, the company has certainly evolved and… Read the full blog for free on Medium.
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Published via Towards AI