Hugging Face, an artificial intelligence (AI) startup, reports a surge in interest from potential customers following the recent upheaval at rival OpenAI.
Hugging Face CEO Clément Delangue notes that organizations are now reevaluating the risk of relying on a single AI provider, considering the potential single point of failure it introduces. Hugging Face’s platform, used by developers for sharing AI model code, is gaining attention amid concerns about the stability and reliability of other providers.
Cohere, another high-valued language model startup based in Toronto, has experienced increased inquiries from potential customers. Amidst the uncertainty at OpenAI, some companies have considered transitioning to alternative services. Cohere’s executives emphasized the stability of their company’s leadership structure, highlighting the importance of a reliable language model provider.
Hugging Face, based in New York and valued at $4.5 billion, raised $235 million in August, with notable investors like Google, Amazon, Nvidia, Salesforce, AMD, Intel, IBM, and Qualcomm. The recent turmoil at OpenAI has prompted a reevaluation of AI providers in the industry.
