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Nvidia has been in talks to acquire Hugging Face for more than $13 billion
(www.businessinsider.com)
This is a most excellent place for technology news and articles.
Sounds like there's a market for a hugging face comeptitor.
Nvidia is seeing the writing on the wall that local models are the only viable future for AI. They have to try and squash that now before it's too late. I mean, it is already is too late, as they've hooked there wagons to these AI companies, and that shit's going to end and nividia is going to be a bag holder. I can't wait.
NVidia wins if people run local models on their hardware too. Hugging face is not a competitor, it is an enabler.
except the chips are bought out by AI companies years ahead of time. it will take a long time for nvidia to switch back.
Doesn't matter to Nvidia. It's just about having a plan B if all those future orders start to collapse.