20VC: Why The Future of AI Is Open Not Closed, Why We Are Years Away From AI Being Autonomous, Why AI Founders Do Not Need to Move to the Valley & Why Founders Should Not Meet Investors in Between Rounds with Clem Delangue @ Hugging Face
This podcast episode explores the journey of Hugging Face, a prominent brand in the AI space, from its inception to its current status. The episode discusses the company's pivot from creating a Tamagotchi AI to developing an AI platform, highlighting the importance of open science and open source in fostering innovation in AI. It delves into the opportunities and challenges facing the AI industry, including the tension between one model to rule them all versus many models, the role of AI-first startups, and the challenges of hiring, regulation, and funding. The episode also discusses fundraising strategies and the importance of building trust and alignment with investors beyond fundraising events.