Hugging Face Raises USD 40m for Natural Language Processing Platform – via slator.com

Hugging Face, a machine learning startup with headquarters in Paris and New York, raised USD 40m in a series B round that closed March 11, 2021. As reported by VentureBeat, VC firm Addition led the round, with Lux Capital, A.Capital, and Betaworks participating. Notable individual investors included Dev Ittycheria, CEO...

Is TensorFlow ‘for Boomers’? PyTorch May Gain More Ground in Machine Translation – via slator.com

PyTorch, the open source framework used to build machine learning models, including those used for machine translation, released its newest version, 1.8, on March 4, 2021. According to PyTorch’s official announcement, “highlights include updates for compiler, code optimization, frontend APIs for scientific computing, large scale training for pipeline and model...