$12,930,300,000?
Hugging face emoji = HTML entity 🤗
Nvidia to acquire Hugging Face
51–60 of 117 posts
Re: Nvidia to acquire Hugging Face
#52Re: Nvidia to acquire Hugging Face
#53Earlier quoted context omitted.
why would they sue their client ?! what does that say to all their other clients ?
Clients sue other business partners all the time, that doesn't mean they stop working together. There's lots of examples of this.
no they don't - not when the lawsuit would affect the demand for the thing they're selling
Re: Nvidia to acquire Hugging Face
#54These 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 har…
> To me, I think these folks see that the music is getting harder to hear and might stop entirely
At the frontier companies, but not for hugging face or nvidia. Their business are going to be around for a while considering how local models are performing now.
Re: Nvidia to acquire Hugging Face
#55Is the fact that Nvidia is also massively financing the closed-models companies, which stand to lose when open model project(s) take off, a conflict of interest here? I can’t tell if this is nvidia hedging or planning to embrace & extinguish.
Re: Nvidia to acquire Hugging Face
#56Is the fact that Nvidia is also massively financing the closed-models companies, which stand to lose when open model project(s) take off, a conflict of interest here? I can’t tell if this is nvidia hedging or planning to embrace & extinguish.
Nvidia is among the best positioned if open models win.
Re: Nvidia to acquire Hugging Face
#57Another 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.
I’d put it close to zero. He was likely presented with the deal once it was sourced and reviewed by his investment team, who likely did 100% of the work. It doesn’t mean he didn’t make the final decision, but pro athletes dont have time to do much investing work beyond high level networking and approving deals.
Re: Nvidia to acquire Hugging Face
#58These 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.
I watched their CNBC interview this morning with Hugging Face CEO and Jensen. HF CEO specifically said they went to Jensen and said they wanted to join forces. Obviously more elegant lol.
Re: Nvidia to acquire Hugging Face
#59These 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 har…
Agreed. Take a ~$13bn buyout im sure cash and stock is the smartest thing to do for a company their size and age. Take the profits now and keep building securely. I imagine their employees very much gotten taken care of. Jensen mentioned an additional $1bn in cash compensation etc to keep employees at HF.
Re: Nvidia to acquire Hugging Face
#60Huggingface, 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…
Outdated take. Nvidia now open sources whatever will make them sell more chips. Keeping the backbone of Oss model delivery afloat seems like it would sell more chips.
> Nvidia now open sources whatever will make them sell more chips
Oh what did they release?