CNBC: After OpenAI drama, Hugging Face AI startup in France could emerge a winner
KEY POINTS
Salesforce, Qualcomm, Nvidia and former Google CEO Eric Schmidt are pouring investment into open source AI startups including Hugging Face and Mistral AI.
The OpenAI saga has reached a resolution, with Sam Altman reinstated as CEO and a new board, but it has shaken up the market and caused a reassessment of relying on a single, proprietary service for generative AI competitive leverage.
Hugging Face counts more than 2 million users, 400,000 models and 77,000 data sets, with IBM and AWS among its customers.
by Rebecca A. Fannin
Special contributor, CNBC
November 22, 2023
Photo: Hugging Face co-founders at Station F hub in Paris
