“Now, it’s everyone.” Both large enterprises and small businesses are learning to use Hugging Face, he said: for instance, one bookstore owner in Spain used the AI tool to build an automated book classification system. “Before, were more tech-focused companies,” Delangue told Forbes. ![]() Cofounder and CEO Clément Delangue declined comment on those numbers, but said that usage of his company’s service - which allows businesses to store, share and collaborate on AI models and datasets - has grown tenfold over the past year. Forbes reported last month that it is receiving new investor interest at a $4 billion valuation after tripling its revenue run rate from the start of the year. 98 Hugging Face, another AI newcomer to the list, is experiencing similar tailwinds. (OpenAI did respond to requests for comment). ChatGPT and its successor GPT-4 are chiefly responsible for OpenAI’s first place ranking, which is by far the highest debut in Cloud 100’s eight-year history. CEO Sam Altman told Forbes in January that he had to push hard for the launch as some employees were unimpressed by its capabilities and unsure whether it was worth releasing at all. It’s a remarkable turn for the viral chatbot which was the subject of intense debate at OpenAI last year. He credits their children for using ChatGPT at home: “AI went from being abstract to becoming concrete.” Ghodsi said he’s never spoken to as many CEOs of large enterprise companies as in 2023. ![]() The company announced in June that it brought in more than $1 billion in revenue for its fiscal year that ended in January, and Ghodsi said interest has only picked up since then. “This year, there has been a complete revolution in awareness,” said Ali Ghodsi, cofounder and CEO of Databricks, which makes software for companies to store and analyze their data. The company now categorizes the AI product as its own business line and says it has bolstered the overall revenue growth rate, according to cofounder Akshay Kothari. 35 Notion used Anthropic’s models to help build its AI-powered productivity and writing assistant. ![]() Stripe and Grammarly are among leading cloud companies that have integrated OpenAI’s models into their existing products.Īnd No. 100 DeepL, which looks to take on ChatGPT and Google Translate. Some newcomers are finding success with AI-centric products, including No. In the last eight months alone, 55% of Cloud 100 companies report that they have launched generative AI features, according to Bessemer data. Companies that once needed 100 employees to get to the Series B funding stage are now sometimes achieving the required growth momentum with 20 people or less, he said.īut Robinson was quick to note that he does not foresee this as a warning sign that AI is about to replace human jobs: “If you have 500 employees, the question is how can you make that 500 feel like 2,500?” “My prediction is that two to five years from now, maybe half of the Cloud 100 list will be companies with 250 employees or less,” said Bessemer partner Elliott Robinson. Whereas the majority of this year’s Cloud 100 companies are at least 10 years old and employ 1,000-plus employees, these two startups were both founded in 2021 and have some 200 employees or less. 85 Midjourney, the company behind the popular image generator, also represent the promise of a new wave of AI-native companies poised to remake the software landscape.
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