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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

#901

Earlier quoted context omitted.

> 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.

Accounting goodwill might be one term, but it has multiple components (trust, reputation, market share, mindshare, track record, relationships, online and offline community presence, etc. etc.)

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

#903

Earlier quoted context omitted.

NASDAQ at one point wanted to have "special characters" e.g. *()/ etc in ticker names too. EVERYONE said it was a bad idea but they kept pushing it. Repeatedly. Eventually, smarter heads prevailed and they got rid of the idea.

Imagine how much stuff breaks if they allowed a comma.

Stock ticker: "BIGCO'; DROP TABLE TRANSACTIONS"

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

#904

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…

Sometimes I wonder if anybody on this website has ever actually done professional software engineering at scale. What a ridiculous take.

13B is a lot for an online platform that hosts weights. What's the special secret sauce that makes this so valuable? The fact that it's the go-to place for public weights?

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

#905
post #112

Earlier quoted context omitted.

Acquisition of GitHub let to increased downtimes, but also to unlimited private repos for the free tier.

The unlimited private repos for free tier would have happened anyways. You have to remember that this was around the time people were jumping ship from GitHub exactly because they didn't offer private repos for free. It was something many wanted, and they were actively seeking out other places that would give it to them.

I'm not convinced that's the case. GitHub was like that forever, they were well established and the change happened not long after Microsoft bought them. There was no global shift to gitlab instances or Atlassian as far as I am aware.

You can dislike an entity or an action and still acknowledge it also had some positive effects.

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

#907
post #700

Earlier quoted context omitted.

Yeah but it's sufficient for the largest part of CI needs. Most people are making CRUD apps, 6 9s reliability is not required there.

not really, I've ran into Github Action downtime and you can't run tests or anything so either you wait or you just let stuff merge and again don't know how this is acceptable in 2026, for a paid CI service and I'm not talking about 6 9s, I mean, 99.5% is terrible

I never said I paid, I was referring to my opensource repos.

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

#908

Earlier quoted context omitted.

Solid point. I'm sure Nvidia went into this deal expecting completely flat growth and no other benefits to their core business. Sorta like how Meta never increased Instagram's revenue from $0 and is still waiting for it to pay off that billion dollar acquisition price. Or like GitHub, which was generating something like 200 million in ARR and had never hit profitability when Microsoft bought it for $7.5 billion back…

With all the spending and valuations in the AI space being so reasonable and grounded in reality, sure. Huggingface will surely be exactly like GitHub and Instagram with their extremely low and stable per-user overhead, and large, extremely dedicated user bases.

I just feel like you're saying things based on a general vibe about "AI companies" but didn't pause to look up the particular company being discussed.

Huggingface reached profitability 2 years ago. They've reportedly just started to touch the cash they raised 3 years ago. They have a tiered pricing model with metered pricing on resource heavy services. Seems pretty stable?

Your point about their user base is even weirder. They play essentially the same role for the ML community that GitHub does for software engineers, so I mean, yeah I'd pretty much expect their relationship with users to be "exactly like" GitHub's for the most part? They're where everyone has published their models for the last 6 years at least, going back to pre ChatGPT and the recent AI boom. There aren't realistically any other major model hubs, certainly not with anything near their footprint.

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

#909

Earlier quoted context omitted.

> Nvidia has been (somewhat paradoxically) a dominant force in actual "open source" AI Nothing paradoxical about it, open source AI use raises demand for nvidia's chips too.

Locking the next generation of programmers into CUDA

It was Nvidia’s competitors’ job to ensure this never happened but hardware companies rarely value the software stack as much as they should have. AMD screwed up several times to build a similar tool and Intel did not manage to create a proper programming model for their vector instruction sets despite having some promising internal efforts. Cuda allowed AlexNet to usher the deep learning era, written by university researchers. The flash attention implementation allowed quadratic attention to have reasonable memory requirements again written by a university professor and used by everyone. If I were to complain about Nvidia, I would complain about them abandoning the personal computing track for datacenter profits, definitely not about pushing Cuda.

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

#910
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…

> which they are likely to pour into a new frontier AI lab in Europe HF was.. a hub to download models and some of the worst source code in the space that contributed to huge amounts bugs that did a lot of downstream damage. Go ahead and read their blog by their CTO on how they don’t believe in DRY and then implemented DRY in the worst way imaginable with unnecessary code generation. Their BLOOM model was a joke and…

You mean DRY as in the LLM sampling technique "Don't repeat yourself"?
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