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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

#611
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…

Sorry but you're talking absolute nonsense, Europe has no global successes?

How about...

SAP (Germany) - Most of the Fortune 500 run on their software.

Spotify (Sweden)

Novo Nordisk (Denmark) - most of America is taking their drugs.

Airbus (France) - Has out competed and out delivered Boeing for years.

Ericsson and Nokia (Finland and Sweden) - Most of American telecom systems use tech from them, essentially the western alternative to Huawei in telecom networking.

Adyen (Netherlands) - One of the worlds largest payment processors, processes most of American big tech payments.

ASML (Netherlands) - Responsible for building effectively every modern chip in the world outside of China.

Maersk (Shipping and logistics)

Siemens (Industrial Tech)

Infineon (Semis)

And there are so many more I'm missing btw. It's funny how incredibly biased you are, but the reality is that Europe and the USA are totally dependent on each other, tech wise.

If every European company which the US is dependent on immediately stopped trading with the US, the US would collapse as a country. And yes, the opposite is true also. But it was you who argued that Europe effectively has no successful companies, what rubbish.

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

#612

Grim prediction: "Quantized models are no longer permitted on the Hugging Face platform. Reduced precision models are a safety hazard and a violation of our TOS. Click here to speak with a sales representative about our many exciting cloud hosting offerings or enterprise GPU packages."

Don't see this happening. Both Nemo and TensorRT from Nvidia are heavily invested in low precision formats and higher inference throughput as well as low memory use. It's more about what happens in relation to GGUF, MLX and non CUDA-native frameworks/formats.

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

#613

[flagged]

I do think it's a defensive move, but at first order it's defensive against OpenAI, Anthropic, and arguably Google. NVIDIA doesn't want to end up squeezed by those three as they increasingly make their own metal, etc.

Ensuring a healthy open-weight model market means ensuring continued demand for metal running in corporate data centers, bypassing any middleman. NVIDIA has a strong interest in a thriving "run your own agents" market.

They're actually aligned with Apple here. And in this market, Apple is a real competitor too, with Apple probably more consumer-centric, while NVIDIA probably more enterprise-centric.

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

#614
post #532

Earlier quoted context omitted.

If they want to operate in the EU, quite a lot. See cases against Microsoft, Apple for example.

OK, can you provide specific cases/articles about it? I'm curious what can EU do with a merger of companies that are not legal identities within EU. It's different for their local counterparts, but the original companies?

Microsoft/Activision Blizzard was tough for Microsoft in the EU despite them both being US companies, because they affected European consumers.

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

#615
post #158

Earlier quoted context omitted.

The $13b doesn't go to hugging face's bank acct to pay for anything like S3 egress fees... It go to hugging face's owners' Bank accounts for them to do anything else. New cohorts of billionaires and centi millionaires getting minted.

> billionaires and centi millionaires I think you mean hecto-millionaires.

I think you mean Dodecahedrillionaires

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

#616
post #237

Earlier quoted context omitted.

I'd honestly prefer that. I'm usually on 5g if not 4g and pulling models is an absolute nightmare when I basically have to use HF and even with a token getting throttled. Although I have a pretty unique use case. Pulling wads of 5gb tensor files over cellular is painful.

I am on the same boat, I live in a small Himalayan village. I have 2x5G based devices and one Wireless bridge (Ubiquiti LiteBeam M5) for a local broadband. Generally I get 50 Mbps, sometimes up to 100 Mbps

i'm traveling in an RV and can always (80% of the time) get up to 3MBps, max to 300. But with cellular it's mega spotty so pulling 3-10 5GB files then losing your connection for a few seconds/minutes completely kills that files download. I've tried about 10 different keep-alive-ing type hf downloader clients and with my 64gb ram I'm usually downloading 25-32GB models and I don't even try unless I'm in sitting in a city next to a library anymore.

It's less of a pain now that I'm not in my LLM newbie phase of trying to test out 30 different models and stick with Qwen, but I couldn't even try to download qwen 3.8 for a week or two until I got back to the city.

Starlink is the obvious option and I have it on my roof but I do everything I can to not pay that $170 a month vs my $170/quarter 5g service.

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

#617
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…

A global non USA success? Plenty.

You might want to remove your pink USA glasses and look around.

Spotify good enough for you?

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

#618

Earlier quoted context omitted.

> 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 c…

The purpose of the system is what it does. The goal is to increase return on capital. Take a look at the historical developments of wage participation in global income, labor productivity growth vs wage growth, and so forth. It works very well. As long as the most capable laborers are paid well enough to go along, the rest of us have little choice. Especially after citizens united basically privatized American electi…

And VC capital is now buying democracy...
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