I think it's more likely they're taking money from Saudi Arabia or some other unpopular source, and don't want to associate themselves if they can avoid it.
Honestly, it doesn't matter for the end user if there are more tokens generated between the AI reply and human message. This is like getting rid of AI wrappers for specific tasks. If the jump in accuracy is actual, then for all practical purposes, we have a sufficiently capable AI which has the potential to boost productivity at the largest scale in human history.
It starts to matter if the compute time is 10-100 fold, as the provider needs to bill for it.
Of course, that's assuming it's not priced for market acquisition funded by a huge operational deficit, which is a rarely safe to conclude with AI right now.
After the acquisition, I think Wiz would have to only focus on Google Cloud which might be a major limiting factor in the company's future. But other than that, It surprises me that, a $23B offer is rejected from the perspective of Employees. IPO won't provide the same level of liquidity opportunities.
I have used Octa and it's a decent platform, not a magical one. Creating a similar platform for Google Cloud should be feasible with the level of Google resources.
Ah yes, the fact that I have the wealth of a small nation should not by any means mean I cannot mingle amongst equal humans who work for me. Just a bunch of equal humans hanging out. How nice and equal indeed!
To add further, i do not know what is end goal of hugging face.
1. They have inference API but all cloud provider can implement those in next year.
2. They offer subscription but market-size of subscription is questionable.
3. I hope this new set of funding don't bring problem to them because making money with open source is hard and at this scale of funding it might be even harder.
It see what happens in next set of years.
GitHub for ML models? If they can anchor themselves to the open-source developer network, their acquisition value is in a tech giant being able to cross-sell to that community.
Take money off the table, that’s what all the startup gurus call it, but whose money is kinda the question. Have pension funds stopped chasing VC funds etc?
The companies that invest have products (or have other investments with products) that have a strong market - they end up increasing the price of products to cover the purchase of acquisitions and losses. This results in inflation and worsening wealth distribution.
The article is quite clear on whose money it is - "Google, Amazon, Nvidia, Intel, AMD, Qualcomm, IBM, Salesforce and Sound Ventures".
For at least half of them, it might make sense to simply sponsor accelerating worldwide new AI product development because those new products will increase sales of their hardware and services; pitch in $20m together with others to support efforts like Huggingface, while expecting that their tools will indirectly cause an extra $1b sales for you in the next few years.
Yes, they have. Higher bond yields (compared to 0% three years ago) is causing pension funds to shift their allocation away from "alternative" investments (vc & pe), so it has become harder to raise a new VC fund these days.
Probably the same as most privately funded tech startups 1) Gain user base 2) Take investment funding 3) Sell and make the people at the top rich 4) Repeat.
I have been thinking about these a lot lately. There is lot more scope on improving current search results.
I believe simple two stage system might be enough to produce decent system.
Stage - 1. query expansion and reverse index based retrieval
Stage - 2. re-ranking based on few combination of heuristics. (page rank + word embedding + query analysis)
Would you like to talk more about this ? I have email address in my profile.
