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They’re buying a brand, some employees, and some momentum — not any of their software. HF probably does have propriety goodies to make it all run efficiently, b
by bbor 1mo ago
They’re buying a brand, some employees, and some momentum — not any of their software. HF probably does have propriety goodies to make it all run efficiently, but certainly not a billion dollars worth, much less 13!
- r0b05 1mo agoWe are so used to these numbers being thrown around in the AI era that something one needs a reminder that this is 13 billion, not million. Insane exit by HF.
- techpression 1mo agoWas looking for this comment, the tech world has gotten completely insane with ”valuations”. I would love to hear why it was 13 and not 5. It would still be completely insane at 5 billion, but someone though they should add another 8…
- speed_spread 1mo agoOpportunity cost for Nvidia to prevent HF from going public or being sold to someone else. It's an insight into Nvidia's market prediction and what HF told them they'd do if left alone.
- hirako2000 1mo ago80x its yearly revenue. Clearly they aren't buying HF for margins. In fact, has HF ever wished to make money? They probably pay AWS more infra cost than they earn. The exit was planned all along.
- wilburx3 1mo agoYeah, the price is weird as fuck.
- catwell 1mo agoNo company is going to be acquired for their software alone with multi-billion valuations ever again. It should be clear by now that code alone is not where the value is anymore, if it ever was.