Nvidia Agrees to Acquire Hugging Face For $13 Billion
- Reference: 0185226151
- News link: https://news.slashdot.org/story/26/08/27/1613222/nvidia-agrees-to-acquire-hugging-face-for-13-billion
- Source link:
> If completed, the acquisition would put one of the most widely used platforms for sharing and working with open-source AI models under Nvidia's ownership, expanding the chipmaker's reach further into the software and model ecosystem. Siddy Jobe, a fund manager at Eonopolis Exponential Technologies funds, said it made sense for Nvidia to target a company like Hugging Face, as Nvidia has made it clear that it is not looking to discriminate between closed and open-source models.
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> "I think Nvidia is very much a community, a platform-based company, and in that respect, I think Hugging Face fits perfectly within that. There is this five-layer cake from Nvidia, and foundational models are one of them," Jobe told CNBC's Squawk Box Europe on Thursday. "It is clear that Nvidia wants to be integrated in the entire stack vertically, going from energy to foundational models and also to applications," he added.
[1] https://www.theinformation.com/articles/nvidia-agrees-buy-open-source-model-repository-hugging-face-12-9-billion
[2] https://www.cnbc.com/2026/08/27/nvidia-hugging-face-acquisition.html
[3] https://www.businessinsider.com/hugging-face-could-be-acquired-13-billion-2026-8
Anyone mirror hf yet? ;-) (Score:5, Insightful)
While I hope nVidia won't place restrictions on existing open source/open weight models, I am wary of the control they might exercise on hf...
The self-hype is staggering (Score:4, Informative)
Skyrocketing in the stock market over the last 10 years, they took their money and started investing or buying their own customer base. It's bit of an incestuous relationship and it makes it difficult to cleanly analyze their long-term value. It's no longer a simple formula of company A produces product or service X, and they get revenue because companies B-Z are buying those products. Now it's like A makes X, and B-Z buy X, and A owns some or part of each of B-Z. So how much is A paying themselves and how much is actual growth?
The self-hype, is just starting. (Score:2)
> Skyrocketing in the stock market over the last 10 years, they took their money and started investing or buying their own customer base. It's bit of an incestuous relationship and it makes it difficult to cleanly analyze their long-term value. It's no longer a simple formula of company A produces product or service X, and they get revenue because companies B-Z are buying those products. Now it's like A makes X, and B-Z buy X, and A owns some or part of each of B-Z. So how much is A paying themselves and how much is actual growth?
If you thought that self-hype was staggering, they were just bought by a Magnificent member of our stock market.
We're talking magnificent levels of hype coming. Isn't that just.. magnificent? Why, I heard they tried to create a Magnificent mutual fund of all the Magnificent stocks, but that soul-sucking black hole of a tactical tranche couldn't even handle the magnificent amounts of sheer Magnificent value contained within. With Magnificent valuations dripping in dodged tax havens, and an audit risk lower
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Vote Prison 2026 and 2028.
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IDK, I still regret not buying Nvidia at $15 a share in Jan 2022. I'd of retired this year with the gains. Oh well. Back to work.
In the ultimate circle jerk.. (Score:5, Funny)
Hugging Face is also acquiring Nvidia with the 13 Billion they gained by being acquired by Nvidia.
Re:In the ultimate circle jerk.. (Score:5, Funny)
> Hugging Face is also acquiring Nvidia with the 13 Billion they gained by being acquired by Nvidia.
(20th Century Corruption) "Hey, we've got this Ponzi thing, but we kinda need to keep it hush hush.."
(21st Century Corruption) "Ever get naked and slap an Insider Trading dildo across Wall Streets face? Hold my beer and get ready to livestream this mothafuckin' IPO.."
How that meeting went (Score:2)
"Guys, we're not exposed enough to the impending AI collapse. Once everyone realizes nobody wants these products, we can just go back to making gaming GPUs again and sell them for double. We need more direct exposure to this shit show. Anyone got any ideas? YES, let's guy an AI platform for 100x what it's worth!"
$13 billion for a file server (Score:5, Insightful)
Just proves that cryptocurrency bros aren't the only ones taking this piss out of the economy. Our broken economics is causing real nazis, and needs to be fixed.
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It also proves having an insufferably poor interface can still make you money. Maybe the fact it is so hard to find anything from within the site itself is why many less legally acceptable models have not been removed.
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Sounds like a feature not a bug for some.
Tomorrow's Headline (Score:4, Insightful)
Tomorrow's headline: Hugging Face Commits to Buying $13 Billion of Nvidia Hardware
Re: Tomorrow's Headline (Score:2)
Too obvious. Them super smart Investors are starting to notice the circle jerk.
So make that "Hugging Face to acquire $7 billion of OpenAI and $6 billion of Anthropic, who will be investing in Nvidia to the tune of... yep".
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It's a [1]unicode emoji [unicode-explorer.com]
But I often confuse it with a Facehugger from Alien. Sadly, no emoji for that.
[1] https://unicode-explorer.com/c/1F917
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> Is Hugging Face?
Something that will likely be renamed into Too Big To Fail soon.
Not sure how much more Magnificent our stock market can take..
Re:WTF (Score:5, Insightful)
The bubble continues to inflate, and when it pops, it will get VERY ugly. Worse than 2008, that's for sure.
collapse of the social contract (Score:2)
When the economy collapses, support systems collapse, then my recommendation for anyone who hasn't been able to get their family regular meals for days or weeks: find anyone with a nice house, Tesla, etc and take what you need to survive from them.
That said, I see nothing like the Occupy movement of 2011. People either don't know they are being screwed over and stolen from, or think that it doesn't matter if they protest it or not. We have far further to slide before any "VERY ugly" scenario plays out, give
Re:WTF (Score:5, Insightful)
It's a website that host open AI models that you can run on your own computer. I've grabbed a couple models from there. Produced some neat stuff locally just to see what it could do. If I had more video ram, I'd likely be able to do even more.
With that said, these models are becoming slimmer and more powerful all time. You can do a lot more locally today then even a year ago, with precisely the same hardware. Of course, hardware costs have shot up over the past 3 years to absurd levels, so that's not helping the situation.
Still, I'd rather be able to run AI models locally and not have to rely on the foundational models (the massive online ones that cost) for every day stuff unless I had to.
For me, it's just something to mess around with but it's still neat.
It is concerning that Nvidia is buying them but then again, nvidia sells shovels for the gold rush, so there's a chance it could get even better. Of course, I imagine OpenAI is backstage whispering to weaken this platform so people are beholden to them instead. That's the real fear.
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It's like a package manager for AI models, in a way. In Hugging Face's case it is more like a (Python) library to help you download and run models in your applications. Ollama overlaps a bit in functionality and you can use both, but Ollama is more self-contained and conceptually like nodeJS, perl CPAN or apt. It lets you download, install, and run models on their own. Then you can point your own tools at the installed models. The the tools that comes Ollama come with aren't much fun for interactive, but to
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Better download the open-weights models of your interest from HF today, who knows how long they will remain accessible (there). Nvidia has quite some reputation for enshittyfying services, especially those related to "something open".