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What new features will Hugging Face add to its platform by June 30, 2025?
2
Resolution / Starting Odds
Enhanced data storage capabilities • 25%
Improved AI model hosting • 25%
Better collaboration tools • 25%
Other • 25%
Official feature announcements from Hugging Face or verified reports in major tech news outlets
Story
Hugging Face Acquires Seattle's XetHub for Undisclosed Sum to Boost AI Model Hosting
Aug 8, 2024, 01:29 PM
Hugging Face, an AI unicorn, has acquired XetHub, a Seattle data storage startup founded by former Apple employees, for an undisclosed sum. The acquisition, which is Hugging Face's largest to date, aims to enhance its capabilities in hosting large-scale AI models. XetHub, which raised $7.5 million, will help Hugging Face scale its platform to manage larger datasets and accommodate more users. This move is part of Hugging Face's strategy to compete with major players like OpenAI and Google by enabling developers to build and collaborate on large AI models efficiently.
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Google Cloud • 25%
Microsoft Azure • 25%
Other • 25%
AI Platform • 25%
Data Processing Company • 25%
Cloud Services • 25%
Other • 25%
Increased request handling capacity • 25%
Improved data deduplication • 25%
Enhanced model management • 25%
Other • 25%
Training Transformers • 25%
Inference with Sentence Transformers • 25%
Deploying Diffusers models • 25%
Other • 25%
1-2 billion • 25%
2-3 billion • 25%
3-4 billion • 25%
4 billion or more • 25%
Less than 500 billion • 25%
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More than 900 billion • 25%
New Translation Feature • 25%
New Multilingual Content Generation Feature • 25%
New AI Integration Feature • 25%
Other • 25%