Clem Delangue, CEO of Hugging Face, reports that half of the Fortune 500 companies are now building on the Hugging Face platform, often transitioning away from mainstream APIs like those from OpenAI and Anthropic. Delangue observes a trend where enterprises experiment with these APIs before moving their production workloads to open or private models as costs increase. He emphasizes the importance of ownership in AI, citing Chamath Palihapitiya's perspective on the 'AI ownership war' — suggesting that companies should focus on owning their models rather than relying on external providers that can impose limitations. This shift is seen as a response to the evolving landscape of AI deployment and cost management.
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Fortune 500 Companies Shift from API to Open Models for AI Solutions, Says Hugging Face CEO
Hugging Face· Clem Delangue· Wednesday, July 15, 2026
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PsiQuantum Unveils Ambitious Plan for a Groundbreaking Quantum Computer Powered by Light
PsiQuantum, a company founded in 2016 by physicists from UK universities, is developing a revolutionary quantum computer that aims to solve complex problems in minutes, a process that currently takes over a decade. The proposed machine will feature approximately 100 stainless-steel cabinets filled with chips and optical components, enabling precise measurement of photons to leverage the unique states of quantum bits. The company has secured significant investment, raising $1 billion last year and initiating construction in Chicago, with plans for a second site in Australia expected to be operational by 2027. PsiQuantum is also collaborating with a major chip manufacturer and has progressed in a government evaluation program alongside Microsoft.