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Report: Nvidia to acquire AI model repository Hugging Face for $13 billion (arstechnica.com)

submitted 2 months ago by sabreW4K3@lazysoci.al to c/technology@beehaw.org

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[–] dan@upvote.au 34 points 2 months ago* (2 children)

$13 billion for a company with $150 million annual revenue. 86x revenue is a crazy valuation.

I wonder how long until Nvidia tweak the site such that you can only download models if you're using Nvidia hardware, or something like that.

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[–] martini1992@lemmy.ml 10 points 2 months ago*

Oh don't worry you can use them for whatever you want... For a price of course.

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[–] halcyoncmdr@piefed.social 8 points 2 months ago

Nvidia needs to keep that AI ouroboros to keep funneling the same money over and over back to them to artificially boost their revenue as much as possible in this bubble.

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