71–80 of 117 posts
I don't really understand why the AI equivalent of Maven Central is worth 12.9 billion dollars but maybe I'm an idiot.
Network effect. Same reason why Github (fancy file storage website) was worth $7B+
These 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.
Earlier quoted context omitted.
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.
Earlier quoted context omitted.
> 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.
What is hugging face's business? I thought they were just free model hosting.
My understanding of Hugging Face is limited to "File Host with Model Cards". Can someone with more understanding explain what the $12 billion value comes from?
Where is the EU in all this? Is this not similar to letting another European tech company disappear from Europe ie.. Arms Holding which was sold to the Japanese, how do you compete going into the future in the tech world if you let European companies be bought out by foreign companies. Declaring them gatekeepers down the road and issuing a fine will never make you a tech powerhouse.
Is this just another symptom of the EU being run by politicians and lawyers who don’t seem to grasp/understand tech.
Is 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.