Announced
Completed
Financials
Tags
ai community
Domestic
Private Equity
Friendly
Minority
Venture Capital
United States
Acquisition
Private
Completed
Software
artificial intelligence
Synopsis
Lux Capital, a private equity firm, led a $100m Series C funding round in Hugging Face, a AI software building firm, with participation form Sequoia, Coatue, SV Angel, Addition, a_capital, Betaworks, AIX Ventures, Kevin Durant, Rich Kleiman and Olivier Pomel. "We want to have a positive impact on the AI field. We think the direction of more responsible AI is through openly sharing models, datasets, training procedures, evaluation metrics and working together to solve issues. We believe open source and open science bring trust, robustness, reproducibility, and continuous innovation," Hugging Face.
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