Ashton Kutcher Is Backing AI Company Hugging Face—Here’s His Net Worth

Actor Ashton Kutcher's venture capital firm, Sound Ventures, is investing in open source AI company Hugging Face, as part of a $235 million series D funding round, bringing Hugging Face's valuation to $4.5 billion.

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8/22/2023

Salesforce Leads Financing of AI Startup at More Than $4 Billion Valuation

Salesforce is leading a financing round of $200 million for Hugging Face, a startup that helps businesses use AI, at a valuation of over $4 billion, more than doubling the company's share price and private valuation.

8/28/2023

IBM's CEO, who froze hiring for thousands of back office jobs and predicted AI would take up to 50% of new jobs, just piled into a $4.5 billion tech unicorn's massive new $235 million funding round

IBM CEO Arvind Krishna has invested $235 million in the $4.5 billion AI startup Hugging Face, with IBM and Hugging Face already collaborating on AI tools and models, including a partnership with NASA.