Clem Delangue, co-founder and CEO of Hugging Face, discussed the overvaluation of large language models (LLMs) at an Axios event, labeling it an “LLM bubble” that may burst next year. He emphasized that LLMs, like ChatGPT and Gemini, are just a small part of the artificial intelligence (AI) landscape, which includes growing sectors such as biology, chemistry, and multimedia. Delangue argued against the idea that LLMs are one-size-fits-all solutions, predicting a shift toward smaller, specialized models that cater to specific needs, like banking chatbots. He acknowledged potential impacts on Hugging Face from a collapsing LLM bubble but noted the broader AI industry’s resilience. Unlike other firms spending heavily on LLMs, Hugging Face retains half of its $400 million funding, focusing on capital efficiency and long-term sustainability. With 15 years of AI experience, Delangue is committed to creating a meaningful, profitable company in the evolving tech landscape.
Stay updated—subscribe for insights!
Source link
