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Generative AI companies are popping up everywhere and quickly, offering products and use cases that are creating enough demand and buzz to earn funding from the top venture capital firms. OpenAI is the most successful generative AI company to date, worth an estimated $29 billion and backed by major tech companies like Microsoft. OpenAI offers its API and different models to support companies in their generative AI development efforts. Hugging Face is a community-driven developer forum for AI and ML model development initiatives, and AWS recently became a Hugging Face partner and now offers Hugging Face products directly to its customers.
