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SaaS' future will be open-sourced – TechCrunch

Over the course of the last decade or so, open source changed dramatically. What was once mostly a philosophical discussion about cathedrals, bazaars and the evils of Microsoft — which in turn lead to the people building compilers and the likes of the Linux kernel — became the de facto standard for how even traditional […] ....

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Announcing the final agenda for TechCrunch Sessions: SaaS 2021 – TechCrunch

TechCrunch Sessions is back! On October 27, we’re taking on the ferociously competitive field of software as a service (SaaS), and we’re thrilled to announce our final packed agenda, overflowing with some of the biggest names and most exciting startups in the industry. And you’re in luck, because $75 early-bird tickets are still on sale  […] ....

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Hugging Face raises $40 million for its natural language processing library – TechCrunch


Hugging Face raises $40 million for its natural language processing library
Hugging Face has raised a $40 million Series B funding round Addition is leading the round. The company has been building an open source library for natural language processing (NLP) technologies. You can find the Transformers library on GitHub it has 42,000 stars and 10,000 forks.
Existing investors Lux Capital, A.Capital and Betaworks also participated in today’s funding round. Other investors include Dev Ittycheria, Olivier Pomel, Alex Wang, Aghi Marietti, Florian Douetteau, Richard Socher, Paul St. John, Kevin Durant and Rich Kleiman.
With Transformers, you can leverage popular NLP models, such as BERT, GPT, XLNet, T5 or DistilBERT and use those models to manipulate text in one way or another. For instance, you can classify text, extract information, automatically answer questions, summarize text, generate text, etc. ....

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