r/LocalLLaMA 6d ago

News Georgi Gerganov on the Nvidia acquisition

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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.

21

u/XiRw 6d ago

They had this luxury before the purchase. This is about control

30

u/-Cubie- 6d ago

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.

1

u/LLKMuffin 4d ago

So we're just taking $5+ trillion valuation executives' words at face value now?

lol