Earlier quoted context omitted.
I miss the Biden administration
Large numbers of people outside of the United States probably do.
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Nvidia agrees to acquire Hugging Face for $13B
101–110 of 951 posts
Re: Nvidia agrees to acquire Hugging Face for $13B
#102[dead]
Re: Nvidia agrees to acquire Hugging Face for $13B
#103Earlier quoted context omitted.
The VC capital for AI is probably drying up. Now the question is: who will buy OpenAI and Anthropic?
The public
Not if they can't indefinitely contain ram and SSD procurement. And they can't and the Market already showed with specex that they are unwilling to float these fly by night outrageous 'investments' onto institutional holders.
Institutional holders mass revolted at spacex getting into the basket.
AI costs more than having people do the work. Q2 CFO reaction proved that.
Re: Nvidia agrees to acquire Hugging Face for $13B
#104Earlier quoted context omitted.
I’m asking more to work out what is the basis of this valuation. Why would Nvidia spend $13B for what seems to be a services that gives things away for free.
This is like saying GitHub or Google just gives away everything for free
Not really. GitHub has a strong platform of paying customers and a solid product that’s hard to replicate.
Google is obvious.
Hugging Face is a file download mirror with a couple of side features dangling off.
Re: Nvidia agrees to acquire Hugging Face for $13B
#105Potentially 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.
True, but better nvidia than any other big tech contender. Nvidia has a very strong business incentive to make huggingface thrive, whereas pretty much everyone else has the opposite incentive.
Re: Nvidia agrees to acquire Hugging Face for $13B
#106HF is the default platform to find models. Not just ones published by big labs but also a lot of the distilled or fine-tuned versions, etc.
If Nvidia buying HF makes it tough for all the diverse models on HF, then what are some alternatives?
It seems models are the best things to be available on a Torrent platform? Of course HF is much more than just the files but perhaps the metadata can be separate and hosted on multiple community platforms.
Re: Nvidia agrees to acquire Hugging Face for $13B
#107Earlier quoted context omitted.
Except for during Biden, they've been asleep for almost 50 years.
Lina Khan @ the FTC was the best thing about the Biden administration, for me.
I think failing to take advantage of the charisma of both Lina Khan and Janet Yellen, and not making them public-facing economics gurus like Alan Greenspan or Larry Summers historically were, was a huge tactical mistake by Biden.
Re: Nvidia agrees to acquire Hugging Face for $13B
#108Nvidia's been pretty terrible for open source / free software. No need to quote Linus Torvalds here. They want to control what runs on their hardware. They want to you write code against their proprietary drivers and APIs, not directly against the hardware (which these days of course also contains plenty of software, but still).
Don't expect things to go differently this time around. Nvidia wants control over the software stack. Acquiring HF fits in perfectly. The play is long term.
Re: Nvidia agrees to acquire Hugging Face for $13B
#109[deleted]
Re: Nvidia agrees to acquire Hugging Face for $13B
#110The lowest hanging fruit that hf could offer is community monitored commands for running local models.
Right now it is a pain to find the correct incantation.