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AI Startup Hugging Face Valued at $4.5B

Hugging Face, a startup that makes AI software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding. Hugging Face CEO Clem Delangue joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube: Watch the latest…

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Hugging Face, a startup that makes AI software and hosts it for other companies, said it has been valued at $4.5 billion after raising $235 million in funding. Hugging Face CEO Clem Delangue joins Ed Ludlow and Caroline Hyde on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. James Harris

    August 24, 2023 at 5:21 pm

    Conversational AI. Yes!!! Smart CEO. Got a wild story, huh? Is just so FAST that things are moving.

    • gold nutter

      August 24, 2023 at 8:13 pm

      It’s still early. This is BIGGER data, no one can build AGI yet. nVidia and Google are the most capable but the real story will be when a DAO model gets critical mass. Developed, owned and trained by the users. We’ll get a personal assistant that is easily manageable and very personalized because the human has sovereignty over the data and can use it to have a deeply nuanced data set and model customizations.

      Fairly long way off at this rate.. everyone still using ChatGPT and giving them more dirty data to run compute on ? which would we rather.. having a massive amount of language data and simple matching without real context.. ? or an interpreter you can train by using it and with abundant settings and nuanced metadata fields as big or small as you want. The thing that runs on our phones should come in pieces and be compiled based on as many or as few adjustments as you choose.

      If you want it to talk to you in a bloody Australian accent that should be bloody easy as heck mate. You can teach a person such things but text to speech and speech to text is still horrendous in the margins. Pretty soon the TOO MUCH DATA problem will have even worse consequences than the obvious issues that exist already. Beware the big wave of phishing attacks coming. It only gets worse if they have the right datasets, so far no sign of the worst threat.

  2. Smokin’Politics

    August 24, 2023 at 6:17 pm

    My A.I. startup is work 10 billion losers!

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Bloomberg Technology

Tech Earnings and Apple’s New iPads | Bloomberg Technology

Bloomberg’s Caroline Hyde gauges the health of technology earnings with 80% of S&P 500 companies out with results. Plus, as Warren Buffett cuts his stake, we push ahead to Apple’s product event as the company prepares to launch new iPads, and Anduril founder Palmer Luckey joins for an exclusive interview on the company’s new AI-powered…

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Bloomberg’s Caroline Hyde gauges the health of technology earnings with 80% of S&P 500 companies out with results. Plus, as Warren Buffett cuts his stake, we push ahead to Apple’s product event as the company prepares to launch new iPads, and Anduril founder Palmer Luckey joins for an exclusive interview on the company’s new AI-powered products.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Bloomberg Technology

What to Expect From Apple’s iPad ‘Let Loose’ Launch

Apple has a chance to kick off a new era for the iPad at its “Let Loose” launch event planned for Tuesday. The presentation, which is expected to be about 35 minutes, should set the product on a new path. It’s also an opportunity to clean up the confusing iPad lineup, which is currently made up of five different models.…

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Apple has a chance to kick off a new era for the iPad at its “Let Loose” launch event planned for Tuesday. The presentation, which is expected to be about 35 minutes, should set the product on a new path. It’s also an opportunity to clean up the confusing iPad lineup, which is currently made up of five different models. Mark Gurman reports.

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Foxconn Shares Jump to Record High

Foxconn, which assembles the majority of Apple’s iPhones, posted its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone and AI server sales. Bloomberg’s Mark Gurman joins Caroline Hyde on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of “Bloomberg…

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Foxconn, which assembles the majority of Apple’s iPhones, posted its strongest monthly sales growth since the start of 2023, potentially raising expectations for iPhone and AI server sales. Bloomberg’s Mark Gurman joins Caroline Hyde on “Bloomberg Technology.”

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