Hugging Face is sharing $10 million worth of compute to help beat the big AI companies
by Kylie Robison from The Verge - All Posts on (#6MVP3)
Image: The Verge / Getty Images Hugging Face, one of the biggest names in machine learning, is committing $10 million in free shared GPUs to help developers create new AI technologies. The goal is to help small developers, academics, and startups counter the centralization of AI advancements.
We are lucky to be in a position where we can invest in the community," Hugging Face CEO Clem Delangue told The Verge. Delangue said the investment is possible because Hugging Face is profitable, or close to profitable" and recently raised $235 million in funding, valuing the company at $4.5 billion.
Delangue is concerned about AI startups' ability to compete with the tech giants. Most significant advancements in artificial intelligence - like GPT-4, the algorithms behind Google...