Hugging Face CEO Clément Delangue says the open AI platform crossed $100 million in annual run-rate

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?

We just crossed $100M annual run-rate. I know many AI companies are capturing much more $$$ these days, but still proud of the milestone!

Maximizing short-term revenue has never been our priority. In fact, we're proud to manage to store and serve hundreds of petabytes of models and datasets while keeping HF free and open-source for 97% of our users. As a platform, we’re happy to hopefully create orders of magnitude more value for the community than what we capture. To me, that’s the very definition of a platform.

And it has helped us build one of the most loved platform in tech, with network effects, a defensible position and a sustainable business which is quite unique in AI.

Many many thanks to all the community members for building with us, we wouldn't be anywhere without you! Can’t wait for what’s next, especially as more companies start to see the value of open and local AI! Next milestone $1B?