Nvidia Agrees to Pay $12.9B for the Platform That Competes AI Models to Zero
Afinetheorem · x · 2026-08-27
Christiano Catalini commented on the news that Nvidia agreed to pay $12.9 billion for Hugging Face, noting that Nvidia, as a complement, is buying the website where AI models get competed to zero. He cited historical patterns, suggesting that general-purpose technologies like steam and electricity perform the same three-act magic trick on the economy.
Related event: NVIDIA Reportedly Agrees to Buy Hugging Face for ~$12.9B(60 posts)→
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