Large language models (LLMs) are the real bubble that's going to burst, even though an AI bubble gets more attention, Hugging Face CEO Clem Delangue told Axios BFD on Tuesday.

Why it matters: Wall Street has been concerned over an AI bubble and its potential collapse after the arrival of game-changing LLMs like ChatGPT transformed the AI market. • "I think the LLM bubble might be bursting next year," Delangue told Axios' Dan Primack in New York City.

Yes, but: Delangue sees potential for AI's applications in biology, chemistry, images, audio and video, he said. • "LLM is just a subset of AI," he said.

Context: Hugging Face, which bills itself as GitHub for machine learning, says it is "the AI community building the future." The company provides open-source tools for developing artif

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