Hugging Face’s Business Plan

PLUS: Microsoft Copilot On Android, Humane AI Pin Launch

Dear industry leader, here’s your 3-minute recap (without the fluff):

  • Hugging Face's $4.5B open-source AI shift towards a sustainable freemium model disrupts industry norms

  • Microsoft's standalone Copilot app on Android

  • Humane AI's $699 Ai Pin shipping to early US customers in March 2024

  • New tools, funding updates & job postings

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📚 Resources

7 top AI companies to watch in 2024 (link)

Implementing AI technology in business education (link)

10 ways artificial intelligence is revolutionizing inventory management (link)

AI integration, and device upgrades to drive a rebound in PC sales in 2024 (link)

Govt seeks proposals from academic & research hubs to develop responsible AI (link)

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🗞️ News 

Hugging Face’s business plan

Hugging Face, a $4.5B open-source AI platform, is prioritizing a sustainable business model. Instead of burning through massive funding rounds, they are focused on building a freemium platform where anyone can experiment with AI, with premium options for bigger players.

This commitment sets Hugging Face apart, making it a potentially valuable partner for businesses of all sizes looking to use the power of AI without getting locked into expensive, proprietary systems

Microsoft Copilot on Android

Microsoft has launched a standalone Copilot app for Android that provides access to Microsoft's AI-powered Copilot without needing the Bing mobile app.

The Copilot app allows chatting with an AI, image generation through DALL-E 3, drafting documents and emails, and free access to OpenAI's GPT-4 model.

Humane AI pin launch

Humane is an AI startup that recently launched a wearable device called the Humane Ai Pin, which is powered by ChatGPT and runs on Cosmos OS. The goal of the Ai Pin is to replace smartphones and reduce excessive screen time, using just voice and gesture controls instead.

Humane has received strong pre-order interest. It will begin shipping the $699 Ai Pin to early customers in the US in March 2024.

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💰 Funding

Arcane raised $5 million from Accel to utilize AI in automating tasks for marketers (link)

Peptris raises $1 million in the pre-seed round for AI drug discovery (link)

💼 Job Board

Director of Sales Engineering at OctoML (Remote)

Senior Sales Engineer at OctoML (Remote)

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Keywords that Convert

How do you determine which keywords are most valuable for your [content]. And give me a few effective keywords.

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PS. If you missed yesterday’s issue, you can find it here.

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