Nvidia to acquire Hugging Face(cnbc.com) |
Nvidia to acquire Hugging Face(cnbc.com) |
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.
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.
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.
- A workflow + distribution channel of open models, which sells GPU
- A world-class AI infrastructure know-how, which is actually hard at this scale.
You might think it would be a commodity, but they would have a strong cost advantage since they make the chips.
https://www.decodingdiscontinuity.com/p/nvidia-hugging-face-...
tldr; Acquisition is an option on Hugging Face becoming the distribution and data-creation infrastructure for open physical AI.
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-...
to say nothing of their massive investments direct and indirect in openai
Hugging face emoji = HTML entity 🤗
There's more to than just the website, network bandwidth costs. Security, storage and infrastructure costs to name a few.
You can't just spin up a VPS and host a brain jar shop.
Well they may have saved some money on one of those
https://finance.yahoo.com/news/kevin-durant-investment-portf...
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.
Oh what did they release?
Agreed. Then maybe Nvidia should open source nvcc and CUDA the next software that should be open sourced.
Same reason why Github (fancy file storage website) was worth $7B+
Not A Bubble
Not A Bubble
Not A Bubble
Not A Bubble
Not A Bubble
parakeet?
see https://huggingface.co/nvidia for the current list
Is it a 1:10 ration, 1:1000, 1:100000?
You just don't know because companies don't tell you this information. If for example there were a magic oracle that forced every suitable action into a suit, would the entire legal system of the US instantly explode?
And I don't see a future where datacenters lose much to open models. I've ran local server rooms before clouds were a thing. Cooling and power is a very expensive pain in the ass. You're not dropping a rack of local models in most buildings without breaking the local power grid.
Open models are great for everyone except anthropic and OpenAI.
https://www.hustlefund.vc/post/angel-squad-kevin-durant-inve...
While it's true he may not "do the work" and relies on those he's hired, the same is true of the Mark Cubans of the world.
I’m not trying to detract from his success or call him stupid, not at all.
But it’s worth pointing out that the only qualification for starting a successful venture firm is having money.
It feels like nvidia has money to burn and just wants to make sure they control the portal to open models in case it could benefit them at an unknown point in the future.