Nvidia to acquire Hugging Face(cnbc.com)
324 points by tosh 7 days ago | 106 comments
tl;dr: Nvidia has agreed to acquire open-source AI platform Hugging Face for $12.9 billion, its second-largest deal ever after December's $20 billion Groq asset purchase. Hugging Face CEO Clément Delangue said he approached Jensen Huang over the summer, and the platform will remain open to the broader AI ecosystem. The deal follows a recent hack of Hugging Face and reinforces Nvidia's push beyond chips further up the AI stack.
HN Discussion:
  • Congratulations to Hugging Face founders for a smart, well-timed exit
  • ~The $12.9B valuation seems inflated and reflects AI hype bubble
  • Questioning what actually justifies Hugging Face's massive valuation beyond being a model repository
  • ~Concerns about conflict of interest given Nvidia's investments in closed-model companies
  • Worry about the future of open access and archival of HF's hosted models