The recent leadership saga at OpenAI may be the publicity that other existing Artificial Intelligence (AI) technology companies need to boost their adoption and sales.
Open Source AI Startups Gaining Recognition
Following Sam Altman’s short exit from OpenAI as the CEO of the AI powerhouse, many technology firms like Salesforce, Qualcomm, Nvidia, and former Google CEO Eric Schmidt have started redirecting their investment to some alternative open-source AI startups.
Hugging Face, a New York-based company that develops tools for building applications using machine learning, and Mistral AI are two companies that have benefited from the unfortunate debacle at OpenAI. Before this time, HuggingFace had recorded up to $4.5 billion in valuation right after a $235 million venture deal in August.
The French-American open-source tech firm has seen a surge worth over $400 million from up to 30 tech investors that cut across several fields including Qualcomm, IBM, Google, Nvidia, Intel, and
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