What is the business model of hugging face? My understanding was they were basically just a file hosting platform.
I guess we may have to start paying to download models. Or perhaps they will start throttling downloads for free users. I don't know what they business case is, it might be to shut them down: I suspect good free models on local hardware is a threat to Nvidia's investments in OpenAI/Anthropic.
Nvidia agrees to acquire Hugging Face for $13B
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Re: Nvidia agrees to acquire Hugging Face for $13B
#52What is the business model of hugging face? My understanding was they were basically just a file hosting platform.
I guess we may have to start paying to download models. Or perhaps they will start throttling downloads for free users. I don't know what they business case is, it might be to shut them down: I suspect good free models on local hardware is a threat to Nvidia's investments in OpenAI/Anthropic.
Re: Nvidia agrees to acquire Hugging Face for $13B
#53Earlier quoted context omitted.
As someone who've played video games and obsessed over graphics cards long before this all started, don't get your hopes up.
as gamers, we got burnt by nvidia way too many times. I'm still holding grudge over shutting down 3dfx.
Re: Nvidia agrees to acquire Hugging Face for $13B
#54What is the business model of hugging face? My understanding was they were basically just a file hosting platform.
I guess we may have to start paying to download models. Or perhaps they will start throttling downloads for free users. I don't know what they business case is, it might be to shut them down: I suspect good free models on local hardware is a threat to Nvidia's investments in OpenAI/Anthropic.
Unless I’m missing something, this feels like Nvidia having more money than they know what to do with.
Re: Nvidia agrees to acquire Hugging Face for $13B
#55What is the business model of hugging face? My understanding was they were basically just a file hosting platform.
Re: Nvidia agrees to acquire Hugging Face for $13B
#56Potentially horrible for monopoly reasons, but if other big acquisitions in the AI era teach us anything, developers are about to get a whole lot of free and discounted trial credits. That’s at least a plus. I will happily burn through as much VC money as they will give me to tinker with my projects.
I think the federal antitrust regulators are asleep.
Edit: antitrust regulators' job has just begun -- we'll see how this deal gets adjudicated by the FTC (if at all).
Re: Nvidia agrees to acquire Hugging Face for $13B
#57I’ve asked ChatGPT etc a few times how Hugging Face makes money. Never quite got to understanding . Good for them.
Re: Nvidia agrees to acquire Hugging Face for $13B
#58Re: Nvidia agrees to acquire Hugging Face for $13B
#59I'm puzzled by the reactions. This is not a good thing. Yes, they're releasing more open source code and models, but they do it BECAUSE OF pressure from the community and other open source projects. But Nvidia is a terrible open source and consumer company. They gatekeep a lot and oftentimes it's only open source in name. Outside contributions are often slow-walked or rejected if they don't align with business incent…
Re: Nvidia agrees to acquire Hugging Face for $13B
#60I really wonder why Nvidia would do this.