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Nvidia's (NVDA) big deal for Hugging Face makes strategic sense not only for Nvidia, but for a wider tech industry barreling right through the AI era.
"Jensen [CEO Jensen Huang] knows this [deal] is very strategic. So in the end, if he's helped accelerate the momentum of adoption [of AI] in enterprise, that's all good news," Hewlett Packard Enterprise (HPE) CEO Antonio Neri told Yahoo Finance in an interview.
The acquisition — confirmed on Thursday — gives the chip giant direct access to the world's largest repository of AI models and datasets. That repository is used by over 18 million developers and 200,000 enterprise organizations worldwide.
Strategically, the move gives Nvidia unparalleled real-time visibility into developer trends, popular model architectures, and emerging framework preferences across the global AI ecosystem.
Added Neri, "We need to find ways to continue to optimize the economics because the reality is that you're going to use different types of tokens from different types of models to deliver the outcome. You're looking at an AI agent process approach. So you're going to have frontier models, open-source models and open-weight models. But the reality is also that China obviously has been a big contributor to the open-source community and is leveraging the open-source community for their own needs. So we need to strike a balance, and therefore having a much stronger presence in the open source communities is incredible."

#open #enterprise #jensen #strategic
9 days ago

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