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microsoftedging 3 hours ago

FT had a solid piece a few weeks back: "Why AI start-up Hugging Face turned down a $500mn Nvidia deal"

https://giftarticle.ft.com/giftarticle/actions/redeem/9b4eca...

jackbravo 3 hours ago | parent [-]

sounds very interesting, but even though it says giftarticle.ft, I got blocked by a paywall.

nerevarthelame 3 hours ago | parent | next [-]

https://archive.is/zSyUc

To summarize, they rejected Nvidia's offer because they didn't want one outsized investor who could sway decisions. And "the company was also able to turn down Nvidia due to its stable finances. Hugging Face operates a 'freemium' business model. Three per cent of customers, usually large corporations, pay for additional features such as more storage space and the ability to set up private repositories."

bee_rider 3 hours ago | parent [-]

Freemium seems to be working pretty well for them—what’s the alternative website, after all. They seem to command their niche.

culi 5 minutes ago | parent | prev [-]

find the Bypass Paywalls Clean extension. Never worry about a paywall again