šØ If the deal goes through, Nvidia wonāt just buy a companyā¦ it will take control of one of the most important open AI gateways!
$NVDA
Nvidia is conducting advanced negotiations to acquire Hugging Face for $12.9 billion, in addition to a $1 billion package to retain employees, bringing the potential total value to around $14 billion. The deal could be finalized this week, but it isnāt official yet.ā ļæ¼
If the deal is completed, it will be Nvidiaās biggest acquisition in its history.
The striking number? Hugging Face has 13 million users and more than 2 million public models, while its estimated annual revenue is about $150 million. This means the base acquisition price is roughly 86 times its revenue, and around three times its valuation of $4.5 billion in 2023. Hugging Faceā ļæ¼ ā ļæ¼
Nvidia isnāt buying current profits; itās buying the developersā community, the models, and the AI distribution channels. After its dominance in chips, it seems it wants to control larger layers of the ecosystem.
But the most important question: is this strategic geniusā¦ or an expensive gamble that could threaten Hugging Faceās neutrality and its open principle?
#NVIDIA #HuggingFace #AI
$NVDA
Nvidia is conducting advanced negotiations to acquire Hugging Face for $12.9 billion, in addition to a $1 billion package to retain employees, bringing the potential total value to around $14 billion. The deal could be finalized this week, but it isnāt official yet.ā ļæ¼
If the deal is completed, it will be Nvidiaās biggest acquisition in its history.
The striking number? Hugging Face has 13 million users and more than 2 million public models, while its estimated annual revenue is about $150 million. This means the base acquisition price is roughly 86 times its revenue, and around three times its valuation of $4.5 billion in 2023. Hugging Faceā ļæ¼ ā ļæ¼
Nvidia isnāt buying current profits; itās buying the developersā community, the models, and the AI distribution channels. After its dominance in chips, it seems it wants to control larger layers of the ecosystem.
But the most important question: is this strategic geniusā¦ or an expensive gamble that could threaten Hugging Faceās neutrality and its open principle?
#NVIDIA #HuggingFace #AI
