Richard Nieva is a San Francisco-based senior writer who covers technology. He joined Forbes in 2022 and covers public companies and artificial intelligence. Previously, he wrote for BuzzFeed News, CNET and Fortune Magazine, and his work has been featured in The New York Times, CNN and the Columbia Journalism Review.
Purchased for an undisclosed sum, XetHub is staffed by a number of former Apple employees. Hugging Face thinks it will help developers build large-scale models, on par with OpenAI and Google .Late last month, Facebook parent Meta unveiled Llama 3.1, the world's largest open-source model. With 405 billion parameters, it's so big that even model libraries like Hugging Face need to scale up their systems to manage it and other models, as they continue to get bigger.
The purchase price was undisclosed, but Delangue described it as the 8-year-old company’s largest acquisition. Previously, Hugging Face's biggest buyout was its June acquisition of a dataset startup called Agrilla for $10 million — a relatively humble price tag for the currently frothy world of AI. XetHub CEO Yucheng Low said the long term goal is to help Hugging Face be more efficient with ever-larger datasets, growing storage and more users. The XetHub platform, used by enterprise clients including the data analytics company Tableau, will be shut down and its features will be integrated into Hugging Face’s platform. When the integration is completed, Hugging Face thinks it will be able to host hundreds of millions of AI models and datasets in the next five years — far more than the 2.
Xethub Ai Google Openai Meta Llama Apple Clem Delangue Yucheng Low
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