Hugging Face: Difference between revisions

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[[Category:Objects of Interest and Necessity]]
[[Category:Objects of Interest and Necessity]]
Hugging Face is a platform sharing tools, models, datasets, focused on democratizing AI. It is a sort of collaborative hub for an AI community, but it is also registered as a private company [https://finance.yahoo.com/news/meta-collaboration-launches-ai-accelerator-151500146.html?guccounter=1&guce_referrer=aHR0cHM6Ly9lbi53aWtpcGVkaWEub3JnLw&guce_referrer_sig=AQAAAMhKfmbYYL-KGU4CIme2y6QNWh4b5k2NCthphkuvBCYjXM0gzxAeQdwb2dhELN3NBaWvp2Fnp5PexCj2Ubf4YMcRpPvML0z5bCQmW1_SgMNVjzUvLNaLjnpdIqAABwB0aQjYd-GIsmKZBFTdVUvoHV5nLQmFGo8xYcD_m6kdDbmd teaming up with, for instance, Meta] to boost European startups in an "AI Accelerator Program". The company also [https://huggingface.co/amazon collaborates] with Amazon Web Services to allow  users to deploy the trained and publicly available models in Hugging Face through [https://aws.amazon.com/sagemaker/ Amazon SageMaker]. [https://www.nasdaqprivatemarket.com/company/hugging-face/ Nasdaq Private Market] lists a whole range of investors in Hugging Face (Amazon, Google, Intel, IBM, NVIDIA, etc.), and its estimated market value was [https://sacra.com/c/hugging-face/ $4.5 billion in 2023], which of course also reflects the high expertise the company has in managing models, hosting them, and making them available.
[[File:Hugging-Face-A-linchpin-for-the-AI-landscape-.png|none|thumb|600x600px|A diagram by the European Business review representing Hugging Face business model <nowiki>https://www.europeanbusinessreview.com/hugging-face-why-do-most-tech-companies-in-ai-collaborate-with-hugging-face/</nowiki>]]
[[File:Hugging-Face-A-linchpin-for-the-AI-landscape-.png|none|thumb|600x600px|A diagram by the European Business review representing Hugging Face business model <nowiki>https://www.europeanbusinessreview.com/hugging-face-why-do-most-tech-companies-in-ai-collaborate-with-hugging-face/</nowiki>]]

Revision as of 12:12, 2 July 2025

Hugging Face is a platform sharing tools, models, datasets, focused on democratizing AI. It is a sort of collaborative hub for an AI community, but it is also registered as a private company teaming up with, for instance, Meta to boost European startups in an "AI Accelerator Program". The company also collaborates with Amazon Web Services to allow users to deploy the trained and publicly available models in Hugging Face through Amazon SageMaker. Nasdaq Private Market lists a whole range of investors in Hugging Face (Amazon, Google, Intel, IBM, NVIDIA, etc.), and its estimated market value was $4.5 billion in 2023, which of course also reflects the high expertise the company has in managing models, hosting them, and making them available.

A diagram by the European Business review representing Hugging Face business model https://www.europeanbusinessreview.com/hugging-face-why-do-most-tech-companies-in-ai-collaborate-with-hugging-face/