Investors in the round include Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce, and Sound Ventures. Basically companies with a ton of experience in enterprise sales cycles, both hardware and SaaS. (The company also says its round comes with no spend commitments.)
INVESTMENT
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Hugging Face Reaches $4.5B Valuation in New Funding Round
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Hugging Face, the open source darling that has become pretty much the home of all OSS LLM and Diffusion models, has hit a $4.5 billion valuation with a new funding round. I spoke with Clement Delangue about what it means and how they balance enterprise plans and community growth.
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New SVP Global Alliances Scott Van Valkenburgh Named
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WELCOME to our new SVP of Global Alliances and Channels Scott Van Valkenburgh. With 25 years of leadership experience, he'll lead our global partner strategy and execution, and will capitalize on “untapped potential to enable analytics for all." Read: https://
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Token of Appreciation Created for Noam Shazeer
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Just a sec… ""
There… Generated a token of appreciation for my former officemate Noam Shazeer. -
NVIDIA’s Cash Flow Rivals Intel’s Market Capitalization
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NVIDIA’s profit margins and cash flow are so high that by the end of next year its cash = 50% of Intel's current mkt cap. @dylan522p – first class analysis, again
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Company Revenue Beats Expectations: German Word for Overperformance
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is there a German word for when company says it will grow revenue 64% but ends up growing revenue by 101%
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Scaling Product-Market Fit: Distribution Validation Strategies
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you are ready to blow up the distribution of your current product-market fit and have initial validation of your distribution methods.
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Founder-Led Growth: Validating Product-Market Fit Early
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Feeling PMF: Founder-led growth During early signs of traction, it is important to validate that the growth model hypothesis was correct. Founder-led growth is the best path here, where the founder drives growth efforts across product-led, marketing-led, or sales-led motions.
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Growth Strategy Before Product-Market Fit: Avoid Early Hiring
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2/ How does growth look at different company stages? Before PMF: Develop a growth model hypothesis Many founders get caught up in growth hype and try to hire growth talent early. Don’t fall victim to this trap—you will waste precious capital and equity for lackluster results.
