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How do you anticipate NVIDIA using Hugging Face to abuse monopoly power?
One big issue actually is that HF has the llama.cpp team, which is (was?) arguably the biggest threat to Nvidia's dominance through it's closed CUDA software.
Nvidia to acquire Hugging Face
41–50 of 117 posts
Re: Nvidia to acquire Hugging Face
#42These Hugging Face guys made out like BANDITS!!!! Good for them. My favorite part is they approached Jensen for the buyout. They knew, very smart and mature on the founders/board.
Re: Nvidia to acquire Hugging Face
#43[flagged]
Re: Nvidia to acquire Hugging Face
#44These Hugging Face guys made out like BANDITS!!!! Good for them. My favorite part is they approached Jensen for the buyout. They knew, very smart and mature on the founders/board.
I don’t think many realize how hard it is to raise for a no revenue company that isn’t buying out large GPU contracts and racking machines.
They have a winning product for sure… the worlds models have chosen a hugging face workflow, but honestly where would they be able to find the revenue required to justify another couple rounds at ever higher valuations.
To me, I think these folks see that the music is getting harder to hear and might stop entirely, might as well cash out. I do hope their employees were well taken care of, and 13b of NVDA is likely to be worth a lot more in the coming years.
Re: Nvidia to acquire Hugging Face
#45These Hugging Face guys made out like BANDITS!!!! Good for them. My favorite part is they approached Jensen for the buyout. They knew, very smart and mature on the founders/board.
Maybe they approached, tried to work together but then got bought out? Very common.
Re: Nvidia to acquire Hugging Face
#46Theoretically, can Nvidia direct Hugging Face to sue OpenAI now for the hack? Surely they could find some interesting stuff in discovery :)
I was also theorizing that part of their acquisition was to get more intel on that, though I feel like in practice that whole thing right now is just theatre for inflating the cybersec market
The OpenAI web page on the Hugging Face incident is so slick that it basically confirms that the entire incident was a marketing exercise.
It’s obvious that designers and other content specialists spent multiple days crafting this page.
https://openai.com/index/hugging-face-incident-and-the-road-...
Re: Nvidia to acquire Hugging Face
#47Another investing W for Kevin Durant, who is likely producing better returns than most VCs while being a full-time athlete. https://finance.yahoo.com/news/kevin-durant-investment-portf...
Let’s not forget to give credit to his family office. High net worth individuals don’t just personally do things like make investments themselves. They hire experts to do that.
Sure, at some point Kevin Durant made the high-level decision that he wanted to invest in high-growth startup companies. But there’s a very low chance that he’s working the day-to-day of that process.
Re: Nvidia to acquire Hugging Face
#48Theoretically, can Nvidia direct Hugging Face to sue OpenAI now for the hack? Surely they could find some interesting stuff in discovery :)
Why would they sue OpenAI, openai is their one of biggest customer.
Re: Nvidia to acquire Hugging Face
#49I don't really understand why the AI equivalent of Maven Central is worth 12.9 billion dollars but maybe I'm an idiot.
Its a s3 wrapper. Can be replaced by a wordpress with torrents too. But they built an ecosystem around it and some libs/content. i guess thats what nvidia value
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Re: Nvidia to acquire Hugging Face
#50Huggingface, llama.cpp and all European frontier. Congrats to Huggingface Team, that amount is tempting but nowhere near your real evaluation. You were about to blow up and there is no AI bubble (just not enough infrastructure like energy and hardware to process current and exponential inevitable growing tokens). Huggingface is bringing the real value to AI community, all the rest is more like scalping IMHO. Nvidia i…
Yes, also feel this is a massive underpricing.