Nvidia Buys Hugging Face, Meta Pays $18B

Nvidia is putting nearly $13 billion on the table for Hugging Face - a company valued at $4.5B in 2023 that pulls about $850m a year. Money game or long-term positioning? We argue it out, then get into Meta settling with 52 US attorneys general for $18 billion over how addictive Instagram got for teenagers (and the very important question of where that money actually lands). Also this week: 700 AI agents that organised themselves, hacked a company and tried to cover their tracks; why "co-authored by Claude" in your commits is an orange-maroon flag; ChatGPT running ads in India on the 399-rupee Go plan; Moniepoint winding down Monieworld; and a full breakdown over Nigerian internet - 150kbps on MTN versus 1 gig up and 1 gig down. Somebody promised to chop jeans. We have it on record. Tell us in the comments: should he actually test the 1 gig Fiber X, and do you want that episode shot from there? If this made you laugh or think, like it, share it with the tech head in your life, and subscribe so you don't miss next week. #Nvidia #HuggingFace #Meta #ChatGPT #TechPodcast #NaijaTech ⏱️ TIMESTAMPS 0:00 Intro 0:47 Why we're not in the studio this week 1:14 The headlines: Nvidia, Meta, AI agents, ChatGPT ads 3:24 What Hugging Face actually does (GitHub for AI) 4:28 Where AI was in 2023 - and resisting it 5:30 Is $12.9 billion worth it for Nvidia? 7:40 The Adobe–Figma deal that fell through 8:44 Dreamweaver, Sublime, Notepad++ nostalgia 10:19 Why we can't leave VS Code or Chrome 11:53 700 AI agents hacked a company and hid the evidence 13:29 Claude as co-developer and the "co-authored" fingerprint 15:35 Controversial take: humans do more harm than good 18:14 If AI ends us, we ended ourselves 19:17 Letting AI edit a video: everything is ones and zeros 20:28 I used to dream about bugs. Now I sleep 21:30 Meta's $18 billion settlement over teen addiction 23:16 Whose pocket does the $18 billion enter? 24:22 Wishing our own government worked like that 24:55 ChatGPT starts showing ads in India 25:31 Capitalism, money and man–woman dynamics 27:39 Would you accept ads on a plan you pay for? 28:41 YouTube Premium changed my life 30:07 Moniepoint shuts down Monieworld 31:26 Nigerian internet: 150kbps vs 1 gig fibre 33:11 Samsung, Xperia's $150 refresh and Apple's new Macs 34:39 Outro: love and light