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Hugging Face’s CEO on why companies are done renting their AI

Friday, July 10, 2026


Hugging Face CEO Clem Delangue stated that open source AI is expanding, with the company functioning as a repository where AI builders share and download models and datasets. The platform reports usage by approximately half of the Fortune 500 companies. Delangue has observed a pattern in how companies adopt AI technology.

Original reporting: https://techcrunch.com/2026/07/10/hugging-faces-ceo-on-why-companies-are-done-renting-their-ai/

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