Hugging Face CEO says we’re in an ‘LLM bubble,’ not an AI bubble

Hugging Face co-founder and CEO Clem Delangue says we’re not in an AI bubble, but an “LLM bubble” — and it may be poised to pop. At an Axios event on Tuesday, the entrepreneur behind the popular AI platform and community site agreed that bubble talk is today’s “trillion dollar question,” but said he doesn’t believe AI’s future is at risk if the bubble bursts. Instead, as Delangue sees it, it’s large language models (LLMs) — like those powering ChatGPT, Gemini, and other chatbots — are receiving outsized attention and that attention may not last. “I think we’re in an LLM bubble, and I think the LLM bubble might be bursting next year,” explained Delangue. “But ‘LLM’ is just a subset of AI when it comes to applying AI to biology, chemistry,…

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