<story><title>Hugging Face raises $235M from investors including Salesforce and Nvidia</title><url>https://techcrunch.com/2023/08/24/hugging-face-raises-235m-from-investors-including-salesforce-and-nvidia/</url></story><parent_chain><item><author>QuadrupleA</author><text>Hugging Face is early in the Silicon Valley enshittification cycle - currently burning VC money being incredibly good to it&amp;#x27;s users. Next would be shifting that value to its business customers. Then clawing back and squeezing as much value as possible from those. Then collapse.&lt;p&gt;Although, is it technically a platform &amp;#x2F; marketplace?&lt;p&gt;Anyway for now, enjoy the free beer from the VCs.</text></item></parent_chain><comment><author>version_five</author><text>They represent a real risk to the AI ecosystem IMO (or opportunity if you&amp;#x27;re an investor). They have really cornered the market on model hosting as well as frameworks for running them, it&amp;#x27;s going to get ugly when they start turning the screws.&lt;p&gt;I think it&amp;#x27;s important for people to diversify away from them and not build anything that uniquely depends on them. It&amp;#x27;s not good to have chokepoints like this.</text></comment>
<story><title>Hugging Face raises $235M from investors including Salesforce and Nvidia</title><url>https://techcrunch.com/2023/08/24/hugging-face-raises-235m-from-investors-including-salesforce-and-nvidia/</url></story><parent_chain><item><author>QuadrupleA</author><text>Hugging Face is early in the Silicon Valley enshittification cycle - currently burning VC money being incredibly good to it&amp;#x27;s users. Next would be shifting that value to its business customers. Then clawing back and squeezing as much value as possible from those. Then collapse.&lt;p&gt;Although, is it technically a platform &amp;#x2F; marketplace?&lt;p&gt;Anyway for now, enjoy the free beer from the VCs.</text></item></parent_chain><comment><author>NelsonMinar</author><text>Yeah, enjoy the free beer and have a plan to take a case with you when the bar is closing.</text></comment>