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Nvidia agrees to acquire Hugging Face for $13B

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

#581
post #551

HF has been a close part of my ML/AI career, coinciding exactly when I moved into this space 10 years ago. There are lot of nuances here (if the deal goes through). Some people say it's a loss for EU sovereign AI but HF is technically an American corporation. On the positive note, the founders (Julien, Thomas and Clem - all French) stem to make significant amount of money, which they are likely to pour into a new fro…

I don't get the EU reference in any sense:

"The company was founded in 2016 by French entrepreneurs Clément Delangue, Julien Chaumond, and Thomas Wolf in New York City, originally as a company that developed a chatbot app targeted at teenagers. ..." Wikipedia

Besides that: which EU and sovereignty doesn't really rhyme, given data protection, energy costs, AI restrictions and no vital start up scene at all.

Mistral is heavily state funded via Banks that are predominantly owned by the French state, so I don't get it.

Also name one global success that doesn't came from US? China? Well, second place maybe, but second in any sense.

Nevertheless, kudos to huggingface. Not only to the founders, but to the ecosystem and I guess it got harder by the day to finance all the hosting and only hope for the future, that Nvidia will help HF to thrive, at least not put burdens on them.

GitHub is still alive, and hope that HF will benefit from more AI power.

Nvidia doesn't have any disadvantages in my playbook, because hardware wise, there is no one to beat them in any regard and Apple will always stay nichy.

So well played - hopefully.

It could be worse or even a shut down otherwise, who knows. So for me it sounds cool and I am glad that EU isn't involved in any regard.

As the AI Act demands full disclosure under really easy to match requirements into your inner workings, this is quite the opposite of freely sharing information.

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

#582
post #436

I guess this unfortunately means HuggingFace won't be "the first company to go public with an emoji instead of the three-letter ticker" as the cofounders originally intended: "When we started the company, a running joke with my co-founders was that we wanted to be the first company to go public with an emoji instead of the three-letter ticker when you go in the NASDAQ." -- Clem Delangue (https://unsupervisedlearning.…

Little bit of a “the more you know” moment. Historically NYSE (and AMEX; thought of in this specific context as CTA) had a lock on 1-3 character symbols. NASDAQ (via UTP) had a lock on 4-6 character symbols. For a long time you could tell where something was listed purely by looking at the length of the symbol it traded under. This all changed in the late 2000s or so, so no longer useful information. I honestly would…

> 8 character alpha

Good thing “xn--zp9h” fits, then.

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

#583
post #553
post #528

Earlier quoted context omitted.

But he also says why, so he knows as soon as Linux isn't useful for Nvidias revenue anymore they will be gone

All the big boy AI stuff runs on servers, which certainly aren't going to be running on Windows or Mac anytime soon. Linux _is_ what all this NVIDIA hardware is going to run on until... what exactly? FreeBSD overtakes Linux in the server space?

Who knows what i sthe next big thing after AI. Maybe something that doesn't need Linux?

And I'm not so sure that Mac is out of the equation

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

#585

This is the opening move of the end game for the current "AI" wave. Hyperscalers and hardware manufacturers will absorb the overgrowth and hopefully (for them, sucks for us) settle at the top of the software value chain. The only way to make all the money poured into compute for the last 4 years pay for itself at any level is selling people and corporations on very inefficient software for the next couple of decades.…

> Not too different from what "the cloud" did to this market from 2015 or so...

I mean for all the inefficiencies of the cloud, it solved a lot of problems. It also created a new category of problems but rarely does any particular technology arrive as a pure boon without it's own compromises. Despite it's issues and despite how hot ASS some implementations are (looking at you Azure) I think cloud infrastructure you can at least say does solve a lot of problems for a lot of firms. I can't remotely say the same for AI.

It has a lot of uses don't get me wrong, but not nearly the number being pitched currently, and I don't know that I've seen any that I truly can't live without. And at the prices that are going to need to be charged when we turn the proverbial profit lever... I mean I'm sure tons of huge software houses where shipping is all that matters, behind things like quality, maintainability, the sanity of the development team, what have you, AI code assistants will have a lot of uses and the company will (probably) pay for it. But I think it's a stretch to say it's even remotely as good a trade as Cloud infra was.

In the handful of years since we've gotten all these supposedly revolutionary tools, software quality has already taken a gut-punch, will no sign of that slowing down, quite the opposite. And that's not even going into all the AI features being crammed into everything that few, if any users want or use. In fact the obsession with shoving AI shit into Photoshop instead of fixing any of the issues that've been present in that software since ~2009 was the straw that broke the camel's back for me and I've left Adobe behind entirely, and I know for certain based on communities I'm in, I'm far from alone in that.

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

#586
post #422

Nvidia for Hugging Face will be even worse than Microsoft for GitHub and we know now how low the bar is here.

I heavily disagree. Nvidia has a strong interest in open source AI being a strong contender to proprietary models. They don't want a single AI company to win, as that company would then have enormous leverage over Nvidia, and could perhaps even erode the Cuda moat with their own chip spending. They want the AI market to be hypercompetitive, with AI companies focusing on competing amongst themselves instead of with Nv…

MS also have interest. The problem is that microsoft is fucking incompetent at running it. Not sure if NVIDIA is any better on that front

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

#587
post #436

I guess this unfortunately means HuggingFace won't be "the first company to go public with an emoji instead of the three-letter ticker" as the cofounders originally intended: "When we started the company, a running joke with my co-founders was that we wanted to be the first company to go public with an emoji instead of the three-letter ticker when you go in the NASDAQ." -- Clem Delangue (https://unsupervisedlearning.…

“Yes, I hear you Clem Fandango!”

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

#588
post #526
post #524

Earlier quoted context omitted.

As long as the models run best on Nvidia hardware. What will happen if models are faster on Apple or AMD hardware?

Nvidia being making it clear that other hardware models will permanently not become second class citizens in any way would be a great start.

How could they control other hardware models?

This is just one company. If other hardware is better and they don’t provide access to it, won’t people just leave HF??

Is this somehow more of a monopoly than I am imagining?

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

#589
post #526

Earlier quoted context omitted.

Nvidia being making it clear that other hardware models will permanently not become second class citizens in any way would be a great start.

How could they control other hardware models? This is just one company. If other hardware is better and they don’t provide access to it, won’t people just leave HF?? Is this somehow more of a monopoly than I am imagining?

Yes, they could just say they're taking it towards prioritizing models that only run on one kind of equipment and making it harder to find, support or list models that run on different hardware.

The acquisition sets up corporate interests to be able to increasingly drive it.

I hope better for Nvidia and hopefully it can be cleared up, and maintained.

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

#590
post #582

Earlier quoted context omitted.

Little bit of a “the more you know” moment. Historically NYSE (and AMEX; thought of in this specific context as CTA) had a lock on 1-3 character symbols. NASDAQ (via UTP) had a lock on 4-6 character symbols. For a long time you could tell where something was listed purely by looking at the length of the symbol it traded under. This all changed in the late 2000s or so, so no longer useful information. I honestly would…

> 8 character alpha Good thing “xn--zp9h” fits, then.

Amusingly there is plenty of precedent (link below under Nasdaq Integrated Platform Suffix and the older ACT/CTCI suffixes) for using all of the wonderful character symbols to indicate different classes of securities.

Not as common, again, as it used to be...but still exists.

https://www.nasdaqtrader.com/trader.aspx?id=CQSsymbolconvent...

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