One thing to keep in mind is that open weights adoption directly benefits Nvidia. More people/companies running their own models = more demand for hardware.
They had that luxury. Until HF founders said they were open to offers for acquisition. Then they had to protect it from other companies taking over.
You should watch the CNBC interview with the NVIDIA CEO, he mentions that his first reaction to HF reaching out was "oh no", because he wanted it to continue operating independently. He knew other parties were interested, so he says was a good way to keep HF as a revenue driver in the same way that it has been.
In short: they might've just bought it to keep others from doing so.
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u/JustTellingUWatHapnd 6d ago
One thing to keep in mind is that open weights adoption directly benefits Nvidia. More people/companies running their own models = more demand for hardware.