This is the world we live in now. 3-4 megacorps owning everything in every major product category - eyewear, cosmetic, consumer goods, media, tech; you name it.
If you can't beat them, buy them. Hallmark of late-stage capitalism.
Nvidia agrees to acquire Hugging Face for $13B
261–270 of 952 posts
Re: Nvidia agrees to acquire Hugging Face for $13B
#262Nvidia'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 sof…
I think it's a plausible play that keeps the AI boom in session for a year or two longer. Or at least, $13b to stay at the head of the race (or keep the race running) must be worth it to someone's desk. There's only $50b in datacenter buildout nationally (Source: Gemini, 2026). So it is a bit of a puzzling choice for what amounts to a pile of software, in my opinion. but I don't know shit.
> There's only $50b in datacenter buildout nationally (Source: Gemini, 2026).
Your reference lacks authority, veracity, and reproducibility.
Re: Nvidia agrees to acquire Hugging Face for $13B
#263Re: Nvidia agrees to acquire Hugging Face for $13B
#264Earlier quoted context omitted.
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.
You are being disingenuous.
They worked with studios to optimize games for their hardware. I don’t think they went around sabotaging other companies hardware. They did what was good for them.
Why did competition not do the same?
Re: Nvidia agrees to acquire Hugging Face for $13B
#265Earlier quoted context omitted.
Just wait until you hear that Facebook bought Instagram for $1 billion in 2012, when it was generating no revenue.
While it's probably easier to say this in retrospect, they were eliminating a direct competitor to their core business. Something so advantageous it should have been blocked by regulators. I can't see this as being as good of a purchase, especially when it's 13x the price of what was seen as an absurdly large amount back then.
You are very good at bringing up irrelevant numbers and missing the forest for the trees
Re: Nvidia agrees to acquire Hugging Face for $13B
#266Earlier quoted context omitted.
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.
Solid point. I'm sure Nvidia went into this deal expecting completely flat growth and no other benefits to their core business. Sorta like how Meta never increased Instagram's revenue from $0 and is still waiting for it to pay off that billion dollar acquisition price.
Or like GitHub, which was generating something like 200 million in ARR and had never hit profitability when Microsoft bought it for $7.5 billion back in 2018. I'm sure it has come as nothing but a happy surprise to Microsoft that GitHub generated $1 billion in 2023. They had initially penciled it in for 38 years til ROI.
Re: Nvidia agrees to acquire Hugging Face for $13B
#267Fix your title it's not finalized yet!
According to The Information, it seem it's finalized? https://www.theinformation.com/articles/nvidia-agrees-buy-op...
Then use that as the link.
Everything I can find online is referring to this one source. That doesn't tell me if it's happening or not.
Re: Nvidia agrees to acquire Hugging Face for $13B
#268Earlier quoted context omitted.
They’re buying a brand, some employees, and some momentum — not any of their software. HF probably does have propriety goodies to make it all run efficiently, but certainly not a billion dollars worth, much less 13!
We are so used to these numbers being thrown around in the AI era that something one needs a reminder that this is 13 billion, not million. Insane exit by HF.
Was looking for this comment, the tech world has gotten completely insane with ”valuations”. I would love to hear why it was 13 and not 5. It would still be completely insane at 5 billion, but someone though they should add another 8…
Re: Nvidia agrees to acquire Hugging Face for $13B
#269Nvidia'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 sof…
Nvidia releases some of the most open open weights models, Nemotron 3, which have the full training code open, and most but not all of the training datasets.
Nvidia is a big company. They are good about some things and bad about others.
I think they really do like open weights because they make some of the best hardware for training, and the more open weights models there are, the more people are training and fine-tuning them, mostly on Nvidia hardware.
I feel like Nvidia is one of the better choices for buying Huggingface. Not perfect, but definitely far from the worst.
Re: Nvidia agrees to acquire Hugging Face for $13B
#270Nvidia'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 sof…
Nvidia releases some of the most open open weights models, Nemotron 3, which have the full training code open, and most but not all of the training datasets. Nvidia is a big company. They are good about some things and bad about others. I think they really do like open weights because they make some of the best hardware for training, and the more open weights models there are, the more people are training and fine-tu…
What would be the worst three?