*By Madison Alworth*
Siri can play your jam on demand and Alexa gives you the weather, but the app makers behind Hugging Face really want to be there for you when you need a laugh, some encouragement, or friendly advice.
That's the promise of the artificial intelligence chatbot, designed to exchange messages, emojis, and life lessons with a generation of users desperate for a response whenever they text ー teenagers.
"Ultimately, we think that everyone will chat with an A.I. everyday, all day," said Clément Delangue, a co-founder and the CEO of Hugging Face. "But as for most new technology and mainstream technologies, they were the first to adopt it."
Though teenagers may be the first cohort willing to accept A.I. B.F.F.s, Delangue said anyone can befriend Hugging Face, which will attempt to respond to text queries with personalized responses as the app begins to "care" about you, but not exactly the way a human might.
"A dog, a cat is a different form of intelligence. It's not a human form of intelligence," Delangue said in an interview Tuesday with Cheddar. "But you really enjoy playing with your cat or with your dog every day, and you create some form of emotional attachment."
Hugging Face is designed to mimic this sort of unconditional relationship using A.I.
"We think the same thing is going to happen for artificial intelligence, meaning everyone will have their A.I. B.F.F. that they're going to chat with every day," Delangue said.
Hugging Face has already made some well-heeled friends. It raised $1.2 million in pre-seed funding last year and recently raised $4 million in a seed round led by Ronny Conway of a_capital, an early investor in Instagram. Delangue said that the investments will help the company to develop its technology without worrying about having to make money for the next few years.
Hugging Face is available as a stand-alone app and as an add-on for Facebook Messenger.
For the full interview, [click here](https://cheddar.com/videos/new-chatbot-wants-to-be-your-bff).
John Deere is getting on board the autonomous vehicle craze with its own self-driving tractors. The farming and forestry equipment manufacturer made the announcement at the 2022 CES convention in Las Vegas. Jahmy Hindman, chief technology officer at John Deere, spoke to Cheddar about the shift to self-driving to agriculture and how it will help farmers produce even more food as the world's population continues to grow. "It's all about trying to do more with less in farming," he said. "Labor's already a problem on the farm, and it's only getting to be more of a problem in the future. And we really view autonomy as a way to solve that problem."
It is 'game on' for sports bettors in the state of New York, as mobile betting kicks off on four major betting operating platforms this Saturday. The state, with over 20 million residents, will be the most populous state with legal online sports betting. Max Bichsel, VP of US Business for EmpireStakes.com joins Cheddar News to discuss.
Far too often, Americans are forced to navigate a tangled web of outdated government websites, offices way out of their reach, and hours of time 'on hold' to access the simple government services they depend on. A recent executive order, signed by President Biden, is intended to improve, streamline and modernize the 'customer' experience when accessing government services. Mina Hsiang, the administrator of the United States Digital Service, joins Cheddar News to discuss how the tech workforce is impacted by this executive order.
Cheddar has been following all things innovative, fascinating, and downright cool from CES 2022. Watch the full episode, hosted by Cheddar's Ken Buffa and Michelle Castillo.
Private equity firms in 2021 spent $401.71 billion in U.S. tech investments — doubling 2020's level of $196.34 billion. As tech becomes increasingly interwoven into our lives amid the pandemic, investors grow bullish on the sector, especially software-as-a-service companies. How will 2022 stack up to 2021, and is there potential for parts of the tech sector to sink this year? John Jannarone, Editor in Chief at IPO-Edge, joins Cheddar News' Closing Bell to discuss 2021's record year of deals, how potential interest rate hikes will impact tech investments in 2022, the fastest-growing IPOs, and more.
Bed Bath & Beyond delivered disappointing fiscal third-quarter results for 2022. Shares initially dove more than 9% in premarket trading on the news but finished the day up nearly 8%. Bed Bath & Beyond has been a meme-stock target for online investors in the past -- so was meme-stock mania a factor in the recent stock movement for the company? Jaime Rogozinski, the founder of the subreddit WallStreetBets, joins Cheddar News' Closing Bell for more, as his forum helped spark the meme stock phenomena. He also discussed some decentralized finance services and trends for the retail investor to watch for in 2022.
Digital medical care provider Pear Therapeutics rang the closing bell on the Nasdaq Friday and President and CEO Dr. Corey McCann, joined Cheddar to talk about how the company plans to grow the business of software-based therapeutics and how the first FDA authorized prescription digital therapeutics company will go about treating illnesses like insomnia and addiction. "These really are pieces of software. In many cases, they're apps and in the cases of our addiction products, these are based on something called cognitive behavioral therapy or CBT," he said. "These products change the patient's brain circuitry to help them be abstinent, to help them stay in treatment, and that's exactly what we see in randomized clinical trials and that's what we see in the real world." He also addressed the ongoing mental health crises brought on by the pandemic. **copy updated to remove IPO information as Pear Therapeutics went public in December**
