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Nvidia agrees to acquire Hugging Face for $13B

businessinsider.com

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

#701

Post by hermitShell »

afpx wrote: post #644
randusername wrote: post #601

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…

America is headed towards techno zaibatsu economy. Just a product of the dynamics of capital and power. Too much cash, Nvidia is forced to try and find ways to deploy excess capital very quickly. Most efficient way is to absorb players in emerging industries, bet on the potential for growth in new markets to help keep ROI up. It is a great day for startups, the goal is to sell out and get rich, no? INB4 China comes in and dismantles the American zaibatsus in 2245 like America did to Japan in 1945.

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

#702

Post by apothegm »

Conol_ai wrote: post #131

The more interesting is HF turned down a $500M Nvidia investment late last year at a $7B valuation, after passing on a $235M round in 2023 at $4.5B — going from "we don't want a dominant investor" to a $13B full acquisition in under a year is quite the reversal.

Money from a dominant investment doesn’t accrue to the founders. Money from an acquisition does.

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

#705

Post by IAmGraydon »

Roark66 wrote: post #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…

It's a narrative to pump the stock. Nothing more. Nvidia could have build out this infrastructure themselves for less than 1% of the cost, but it wouldn't have a name like Huggingface does.

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

#707

Post by mstkllah »

dannyw wrote: post #550
behringer wrote: post #238

Earlier quoted context omitted.

Can't buy a decent modern Intel gpu to run AI on because of nividias "donation"

The Intel Arc Pro B60 Dual has 48GB of VRAM; and the B70 goes up to 32GB.

What is the support like for them? Can they be seriously considered as alternatives to Nvidia or AMD cards? I have been looking into buying a GPU, specifically the Radeon R9700 AI Pro but noticed the Intel cards too and was not sure what you make of them.

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

#708

Post by mewse-hn »

afpx wrote: post #644
randusername wrote: post #601

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…

> 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 was puzzled by the comments on the openrouter acquisition saying "they're just a proxy" - they're an open marketplace where models compete head-to-head, they're quite a bit more than just a proxy.

Hugging Face has essentially become github for model repositories and I think nvidia wanted to snag that before microsoft does.

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

#709

Post by echelon »

mewse-hn wrote: post #708
afpx wrote: post #644

Earlier quoted context omitted.

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…

> 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 was puzzled by the comments on the openrouter acquisition saying "they're just a proxy" - they're an open marketplace where models compete head-to-head, they're quite a bit more than just a proxy. Hugging Face has essentially become…

> Hugging Face has essentially become github for model repositories and I think nvidia wanted to snag that before microsoft does.

Given that most of the weights are from Chinese labs and teams, I'm surprised China's own ModelScope hasn't leapfrogged HuggingFace.

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