CNBC: After OpenAI drama, Hugging Face AI startup in France could emerge a winner
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