Large language models (LLMs) have taken the tech industry by storm in recent years, unleashing new frontiers of innovation and disrupting everything from search to customer service. Underpinning this revolution in artificial intelligence are open ecosystems like GitHub and Hugging Face, which enable developers and companies to build, deploy and scale LLMs rapidly. Just as GitHub has become the go-to platform for software development and collaboration, Hugging Face is now emerging as the de facto hub for all things related to LLMs.
The Rise of Large Language Models
LLMs like GPT-3, BERT and PaLM have captured the imagination of the tech world with their ability to generate human-like text, answer questions, summarize documents and even write code based on simple text prompts. According to a McKinsey report, investments in natural language processing startups focusing on LLMs ballooned from $100 million in 2020 to over $1.5 billion in 2021.