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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

#751

Post by xhkkffbf »

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…

Not just IP. Does Hugging Face have any revenue?

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

#752

Post by snemvalts »

setopt wrote: post #626
z2 wrote: post #602

Earlier quoted context omitted.

Everyone's got a noble goal until they get a buyout offer promising to make them a billionaire Edit: Just discovered via this post that hn posts, like the exchanges, filter out emoji

Well, yeah. I also wouldn’t like to explain to my family why my emoji is more important than being set for life.

$100M+ from the IPO isn't enough to being set for life, it has to be $1B+ from the buyout?

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

#753

Post by Insanity »

DebtDeflation wrote: post #697
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…

Nvidia is hedging their bets against becoming too dependent on OpenAI, Anthropic, and the hyperscalers as their only customers. If on-prem deployments of open models starts taking off in corporate America, this acquisition positions them well.

Nvidia really is best positioned to benefit from the AI wave. They are the main provider for GPUs to the cloud-based LLM companies, and their GPUs are still preferred for local models as well.

So either way they win.

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

#755

Post by roosterIllusi0n »

maerF0x0 wrote: post #747
hermitShell wrote: post #701

Earlier quoted context omitted.

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 i…

1. America needs to repeal citizens united, it's the source of many angles of corruption 2. I think it will happen much sooner than 2245 given how easily capital and the rich are able to move around the globe in 2026 (compared to 1945)

We simply need to bring back that 90% federal income tax bracket we had in the 1950s. If we had the same tax policy today, a CEO or investor would be limited to 5 million dollars a year in earnings. This is what fixed everything.

If a CEO cannot personally get richer by cutting wages, cutting staffing, and outsourcing; all of it stops. That was the secret of affordability. Don't let a thousand rich people own everythjng. Tax them so we can have millions of working millionaires instead of 900 non-working billionaire elites.

As those 1950s taxes and post 1929 financial regulations were cut in the following decades, the wealth inequality that led to the great depression has returned.

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

#756

Post by noahbp »

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…

OpenAI recently committed multiple felonies against HuggingFace.

Nvidia is heavily invested in OpenAI, recently guaranteeing a datacenter buildout up to $105 billion dollars.

Any reasonable criminal investigation into OpenAI's actions or negligence into this incident would hurt their reputation, their ability to raise money, and therefore Nvidia, who is invested in them.

If I was a founder of HuggingFace, I am immediately getting in contact with Elon Musk and SpaceXAI, and letting him know how that he can purchase them and sue OpenAI, this time with solid claims.

If I was particularly amoral about if I think OpenAI or Anthropic should get to AGI first, I would take this bid to Nvidia, whose entire stock price is propped up by OpenAI's over-purchasing of compute.

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

#757

Post by lxgr »

HolyLampshade wrote: post #590
MrDOS wrote: post #582

Earlier quoted context omitted.

> 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...

Anything but ISINs, I guess...

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

#758

Post by nickburns »

newswasboring wrote: post #682
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…

> Their brand alone surely is not worth this much. HF has become the front runner in open model hosting. They have a lot of trust from the wider community. That's gotta count for something.

Lawyers (and bean counters) call it 'goodwill'. One word.

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

#759

Post by latchkey »

rvz wrote: post #543
latchkey wrote: post #229

Earlier quoted context omitted.

> they were going to do open source it anyway. uh huh. > Was NVCC or CUDA ever open source since the lifetime of its development? you ever ask Nvidia why ? i did.

> uh huh. Exactly. You're one of those that don't care. Mojo's standard library was open sourced a year before the acquisition. > you ever ask Nvidia why? i did. The correct answer to my question is "No". CUDA or NVCC was never open sourced during its lifetime. Since you "claim" to have asked them and know the true reason why is not open source, just say what Nvidia told you verbatim right here. Intel and AMD have no…

I care, I just don't believe you in that statement. There were "confidential nda" notes embedded in the release that Chris didn't remove until afterwards. That doesn't scream: "we're going to open source this some day!"

If it was going to "eventually" be made open source, why not do it from the start? Why not do it a year in?

From what I was told, your speculation is incorrect. I can't say anything more than that, sorry.

I don't know why you're so aggressive in tone towards me, chill out.

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

#760

Post by Dylan16807 »

cyanydeez wrote: post #622
Dylan16807 wrote: post #535

Earlier quoted context omitted.

Github hasn't changed that much overall. The copilot service and the training on open source would be the same if Microsoft hadn't bought GitHub, it would just be branded differently.

Have you seen github outages?

Well a lot of the outages are copilot which doesn't change my argument that already holds copilot separate.
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