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How many daily requests will Hugging Face handle by end of 2024?
2
Resolution / Starting Odds
Less than 500 billion • 25%
500 billion to 700 billion • 25%
700 billion to 900 billion • 25%
More than 900 billion • 25%
Official announcements from Hugging Face or major tech news outlets
Story
Hugging Face Acquires XetHub to Enhance AI Capabilities
Aug 8, 2024, 01:29 PM
Hugging Face, a prominent player in the field of artificial intelligence, has acquired XetHub, a platform developed by former Apple employees. This acquisition marks the largest for the company to date and is aimed at enhancing its capabilities to host and manage large-scale AI models. With this acquisition, Hugging Face plans to support a larger number of users and models, aiming to compete with major players like OpenAI and Google. The acquisition is expected to help the company handle its current volume of one billion daily requests and six petabytes of bandwidth, with future plans to scale up to one trillion requests. The financial terms of the acquisition have not been disclosed.
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Similar markets
1-2 billion • 25%
2-3 billion • 25%
3-4 billion • 25%
4 billion or more • 25%
Yes • 50%
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Enhanced data storage capabilities • 25%
Improved AI model hosting • 25%
Better collaboration tools • 25%
Other • 25%
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50,001 to 100,000 • 25%
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![How many downloads will FLUX.1[dev] achieve on HuggingFace by February 1, 2025?](/_next/image?url=https%3A%2F%2Fmedia.deepnewz.com%2Fimages%2Fstable-diffusion-creators-launch-flux-1-text-to-image-models-31m-funding%2Fea8ad86818ea8b2e3b719aa2e5af85f73b5554bbe9c6f7e9fe6f466c8f66c3ac.jpeg&w=3840&q=75)
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10,000 to 50,000 • 25%
50,001 to 100,000 • 25%
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AWS • 25%
Google Cloud • 25%
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