Why a $4.5B AI unicorn just got funding from Salesforce, Nvidia, and Ashton Kutcher

Generative AI is shifting tectonic plates in the technology industry, prompting a tsunami of investment into the private sector and product development.

Salesforce (CRM), Nvidia (NVDA), Microsoft (MSFT), the Ashton Kutcher-founded Sound Ventures, and various other investors are driving the latest capital infusion in a $235 million series D funding round for Hugging Face — the open-source AI technology unicorn now valued at $4.5 billion. (And yes, it is named after an emoji.)

https://finance.yahoo.com/news/why-a-45b-ai-unicorn-just-got-funding-from-salesforce-nvidia-and-ashton-kutcher-190844285.html