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AI bubble is actually an LLM bubble, Hugging Face CEO says at Axios BFD.

AI bubble is actually an LLM bubble, Hugging Face CEO says at Axios BFD.

Summary

The CEO of Hugging Face, Clem Delangue, stated that the current excitement is centered around Large Language Models (LLMs), not artificial intelligence overall. He suggested that the LLM hype could decrease next year. Hugging Face is a company focused on providing tools for machine learning.

Key Facts

  • The CEO of Hugging Face, Clem Delangue, spoke about Large Language Models at the Axios BFD event.
  • He commented that the buzz is specifically about LLMs, not AI in general.
  • Delangue suggested that the excitement around LLMs might fade next year.
  • Hugging Face provides open-source tools for developing artificial intelligence.
  • Big tech companies like Google, Amazon, Nvidia, and IBM invested in Hugging Face in 2023.
  • Google Cloud Tech recently expanded its partnership with Hugging Face to speed up the development of open models.

Source Information