Open source AI is booming, according to Hugging Face CEO Clem Delangue. The company has grown into something like a GitHub for AI in recent years, where AI builders can share and download open models and datasets, now used by roughly half the Fortune 500. Delangue has seen the same story play out ag...
Open source AI is booming, according to Hugging Face CEO Clem Delangue.
The company has grown into something like a GitHub for AI in recent years, where AI builders can share and download open models and datasets, now used by roughly half the Fortune 500.
Delangue has seen the same story play out ag...
<a href="https://desdunia.com/startups/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai" target="_blank" rel="nofollow noopener">Hugging Face’s CEO on why companies are done renting their AI</a> (Desdunia, 2026-07-10)[Hugging Face’s CEO on why companies are done renting their AI](https://desdunia.com/startups/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai) — Desdunia (2026-07-10)https://desdunia.com/startups/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai<blockquote cite="https://desdunia.com/startups/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai">Hugging Face’s CEO on why companies are done renting their AI</blockquote>
<p>Source: <a href="https://desdunia.com/startups/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai" target="_blank" rel="nofollow noopener">Desdunia</a></p>Boyu Capital and IDG Capital led the funding round, and existing shareholders Tencent, HSG (formerly known as Sequoia China), ZhenFund and others also participated.
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