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Nvidia agrees to acquire Hugging Face for $13B

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671–680 of 951 posts

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

#671

Earlier quoted context omitted.

So anytime someone comes out with something efficient it will get bought and bloated?

Can you think of examples of that not happening? I mean, haven't you just described VC?

And SV in general. Thinking of Skype and Slack as prime examples on top of my head.

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

#672
post #475

Earlier quoted context omitted.

What sold you on GitHub Actions? The one 9 of reliability? https://www.githubstatus.com/

Not sure what you’re intending to show. That page shows 99.5%+ uptime across all 11 of the services provided. To do that at a small company world cost significant money. To have it integrated and cheap for all those small shops is very valuable to them.

99.5% uptime is nothing significant...

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

#673
Soo, what are they buying exactly?

Can I setup a forgejo instance, upload a bunch of open source models to it and get bought out for $13bln?

I fail to see the point of this. Their inference hosting is a joke (I don't think I ever had a working response from a "try this model" form).

Their brand alone surely is not worth this much.

So what are they paying for?

I worry the answer is, for control over who is allowed to distribute the weights. Nothing else.

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

#674

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."

Yeah. I want to be optimistic, but this feels a lot like how there used to be multiple video hosting sites and now there's just YouTube (and its copyright filters).

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

#675

Earlier quoted context omitted.

Someone gets it. The start of the end to the AI bubble bursting.

No, see, I'm making the opposite argument. This is not a bubble, this is a deliberate play by capital owners to increase returns on capital to the detriment of labor. Much like "the cloud" before. The increased capital intensity in software was inevitable and it has accelerated since 2022.

Which is the start of the bubble bursting.

VCs invest, no one can compete and those with the moats survive.

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

#676
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.

It doesn't. Only 5 of those characters are in the alphabet.

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

#677
post #623

Earlier quoted context omitted.

Too base cynicism. I'd be willing to bet you my $200 to your $100 that doesn't happen.

The history of acquisitions mothballing the acquired assets or moving them off their original mission or letting them atrophy is too stark to support your optimism. Especially when nvidia has a direct incentive to to steer the ecosystem. For example are they going to highlight and surface alternative chip designs like grok? Or will model search mysteriously not find related models?

Nvidia doesn't exactly have Oracle's reputation when it comes to acquiring companies, but given its overall hostility towards competition and open source I can't blame people for being anxious about the news.

The most important resource for self-hosting LLMs is now under the control of a company that has very markedly kept the specialized hardware outside of the broader public's hands.

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

#678
post #644

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."

This acquisition and the Stripe acquisition of OpenRouter are puzzling. Both HF and OR, from a technological standpoint, don't appear to have much IP that cannot be easily replicated. I wonder how much it's worth to Nvidia just to obtain a list of who's downloading which models and for what purpose. Similarly with the Stripe acquisition of OpenRouter. In the past, it would have been valuable to obtain an audience or…

IP is easy. Tractionis hard.

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

#679
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 people whose net worth, expressed in millinaires, exceeds 10^11

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

#680

Soo, what are they buying exactly? Can I setup a forgejo instance, upload a bunch of open source models to it and get bought out for $13bln? I fail to see the point of this. Their inference hosting is a joke (I don't think I ever had a working response from a "try this model" form). Their brand alone surely is not worth this much. So what are they paying for? I worry the answer is, for control over who is allowed to…

Hugging Face's internal storage system is more sophisticated now after they acquired XetHub. They have a clever way to chunk and content dedupe the data that makes it a lot more efficient to version control large files.
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