Live data from Hacker News

Nvidia agrees to acquire Hugging Face for $13B

businessinsider.com

241–250 of 952 posts

Re: Nvidia agrees to acquire Hugging Face for $13B

#241
post #26

Earlier 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.

3dfx was going through bankruptcy

Re: Nvidia agrees to acquire Hugging Face for $13B

#242

Earlier quoted context omitted.

They hit 150 million in annual recurring revenue this year. Pretty nice dangling side features apparently.

That still leaves the company valued at 86 years of revenue

Just wait until you hear that Facebook bought Instagram for $1 billion in 2012, when it was generating no revenue.

Re: Nvidia agrees to acquire Hugging Face for $13B

#243
post #53

Earlier quoted context omitted.

Nvidia is indeed a terrible company when it comes to open source, etc. however, as someone who has been gaming on desktop hardware since the 6xxx card days, Nvidia hardware has always worked. I switched to Linux full time since the 2XX days (maybe it was the 280 gtx?) and never had a lot of the problems everyone else got on Linux (using only the closed source drivers).

NVIDIA introduced programs like The Way It's Meant to be Played, optimizing major game titles specifically for NVIDIA architecture, which made competitions like AMD cards underperform in critical releases. I'm old enough to remember.

Amd and Intel have the same programs.

Re: Nvidia agrees to acquire Hugging Face for $13B

#245

Earlier quoted context omitted.

They hit 150 million in annual recurring revenue this year. Pretty nice dangling side features apparently.

That still leaves the company valued at 86 years of revenue

Absolutely none of this makes sense and the thing that amazes me is how long it has continued. Future historians will just laugh at how stupid and obvious the crash was.

Re: Nvidia agrees to acquire Hugging Face for $13B

#246

Earlier quoted context omitted.

Talking about profit is so passé in the new economic paradigm. The rules have changed— it’s about how much a company is worth. Get with the times. –Some guys in every bubble I’ve witnessed.

I dunno. You can argue over whether they're overpaying, but it's not like Huggingface is Clinkle. They hit $150 million in ARR this year, they have tons of runway, and according to reports, have just started to even burn the money they raised a few years ago. I get that it's fun to be glib about the stupidity of tech elites and investors in general, but Huggingface have been pretty open about their financials and are…

150 million a year? Why, at that rate NVidia will make their money back in just 86 years.

Re: Nvidia agrees to acquire Hugging Face for $13B

#248
post #82

Obviously, NVIDIA is trying to own the AI development chain. Owning HF -- the discovery and distribution channel -- is one thing, but I think the biggest threat vector is the privileged access to HF platform data, that includes HW survey info and model download pattern. This can be a borderline anti-trust case.

If the acquisitions of late tell us anything at all, it's that Nvidia wants to be a vertical AI company, not a hardware or gaming company.

Re: Nvidia agrees to acquire Hugging Face for $13B

#249

Earlier quoted context omitted.

NVIDIA introduced programs like The Way It's Meant to be Played, optimizing major game titles specifically for NVIDIA architecture, which made competitions like AMD cards underperform in critical releases. I'm old enough to remember.

Amd and Intel have the same programs.

But they don't/didn't have the same level of market share as Nvidia, particularly in the PC gaming market. Nvidia had 65%-85% market share, and still worked with game studios to make sure their competitions failed. That's the opposite of good stewardship that's all I'm saying.

Re: Nvidia agrees to acquire Hugging Face for $13B

#250
post #53

Earlier quoted context omitted.

Nvidia is indeed a terrible company when it comes to open source, etc. however, as someone who has been gaming on desktop hardware since the 6xxx card days, Nvidia hardware has always worked. I switched to Linux full time since the 2XX days (maybe it was the 280 gtx?) and never had a lot of the problems everyone else got on Linux (using only the closed source drivers).

NVIDIA introduced programs like The Way It's Meant to be Played, optimizing major game titles specifically for NVIDIA architecture, which made competitions like AMD cards underperform in critical releases. I'm old enough to remember.

I fail to see how this is a problem?

AMD could’ve done the same.

Post reply on HN