posted in Technology
Nvidia has been in talks to acquire Hugging Face for more than $13 billion
www.businessinsider.com/nvidia-in-talks-to-buy-hugging-face-13-billion-dollars-2026-8
Replying to @inari@piefed.zip
How the hell can it be worth billions?? Isn’t it a fancy repo for models? What’s the actual value?? I swear billion is the new million for tech buyout
Replying to @Dnb@lemmy.dbzer0.com
Microsoft spent $7.5 billion for Github, and managed to find use for the repo.
I can see some sort of subscription service where Nvidia allows you to run on model on their hardware. And also something has to boost their valuation to drive the stock up, and releasing new cards right now is a waste with RAM prices going ever upwards.
Replying to @Fontasia@feddit.nl
HuggingFace already has something for that called HuggingFace Spaces, though I don’t know how it is monetised. Even runs on different tiers of Nvidia GPUs already
Replying to @TheChargedCreeper864@lemmy.ml
Assumedly will be able to beat everyone on price