Hugging Face CEO says 'planets aligned' for Nvidia deal, aims to reach 100M users
Article excerpt
AI AND ML When the moon is in the seventh house... The chief exec of Hugging Face says he wants to take the platform to 100 million users within the next few years, and Nvidia’s backing could help it get there, despite rejecting an investment offer from the chip giant last year. On a conference call to discuss Nvidia's agreed $12.9 billion takeover of the AI model hub, Clément Delangue said it gives Hugging Face the security to think about the long term. “With a big supporter like Nvidia, we can think about the next 10 years and really optimize for maximum impact in the community and in the field,” he said. “We have 18 million AI builders using the Hugging Face platform today, and our goal is to get to 100 million AI builders in the next few years, and we think with the support of Nvidia, we have kind of like more chances to get there faster.” GitHub, to which Hugging Face is often likened, currently boasts more than 180 million developers. But one caller pointed out that the company had previously turned down a large investment offer from Nvidia – $500 million – because it wanted to preserve the company's independence and avoid having a dominant investor have too much influence over the platform. What changed their minds? “Well, the reality is that we never comment on fundraising and these kind of things when they don't materialize,” Delangue said, mysteriously. “The truth...
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“We'll carefully work on some initiatives, some plans, some new releases in the next few weeks.
