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Company
Empowering developers to build AI applications
What changed· 2026-05-31
Hugging Face announced a new multimodal model called MPT-7B in February 2023 which is designed to handle both text and image inputs simultaneously.
Hugging Face is a leading AI research lab and developer platform. The company specializes in natural language processing (NLP) and machine learning models. Known for its open-source contributions, Hugging Face has become a go-to resource for developers worldwide. It offers tools like Transformers, Datasets, and Spaces to facilitate the creation of sophisticated AI applications. Key milestones include securing significant funding rounds and launching numerous influential NLP models.
Transformers
A library of state-of-the-art pre-trained models for NLP tasks.
Open Source
Datasets
A collection of datasets and evaluation scripts for machine learning.
Open Source
Spaces
A platform for deploying and sharing AI models and demos.
Free / Paid
Hugging Face is committed to responsible AI development, focusing on transparency, fairness, and ethical guidelines. They actively engage in research to mitigate biases and ensure that their models are safe for various applications. The company also collaborates with the broader community to address emerging challenges in AI ethics.
2016
Company Founded
Hugging Face was founded by Clement Delangue, Julien Chaumond, and Thomas Wolf.
2018-09
Open-Sourced Transformers Library
Released the popular Transformers library for NLP tasks.
2020-07
Launched Hugging Face Datasets
Introduced a comprehensive collection of datasets for machine learning.
2021-10
Introduced Spaces Platform
Launched Spaces to facilitate the deployment and sharing of AI models.
Quick facts
Founded
2016
HQ
New York, USA
Structure
Private
Valuation
$8B as of 2023
CEO
Clement Delangue
Key Products
Transformers, Datasets, Spaces
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