Why buy Hugging Face? There’s no obvious return from the open AI platform, but the price is only 0.2% of the chip maker's $5.5 trln value. There is merit though in fostering machine learning broadly and blocking the emergence of an all-dominant closed rival making its own chips.
Robert Cyran is a Reporter at Breakingviews. He specializes in covering global technology, pharmaceuticals, and special situations, with a keen focus on themes such as oil and gas, mining environmental impact, and advancements in mining technology. Robert's insights and analyses have been featured in prominent publications including businessline, Diario EL PAÍS, Republic World, and Reuters.