181–190 of 424 posts
> Groq will continue to operate as an independent company with Simon Edwards stepping into the role of Chief Executive Officer. Kindof feel bad for Simon Edwards, lol. I wonder what the plan is for the future of Groq
He has to keep the company in business for 2 more years
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From $6.9b to 20 in a few months, not bad…
Almost as good as forking VSCode, impressive.
Don't forget that those forks of VScode are gonna be bought by Nvidia or chatgpt (OpenAI which gets invested by Nvidia) and everything else
Its all one large web connecting every investment and cross-investments and everything. The bubble image which got infamous recently is definitely popping up even more. Its crazy basically.
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NVIDIA release some of the best open source models around. Almost all open source models are trained and mostly run on NVIDIA hardware. Open source is great for NVIDIA. They want more open source, not less. Commoditize your complement is business 101.
Then why are they spending $20 billion dollars to handicap an inference company that giving open source models a major advantage over closed source models?
That's a non-charitable interpretation of what happened. The are not "spending $20 billion to handicap Groq". They are handing Groq $20 billion to do whatever they want with it. Groq can take this money and build more chips, do more R&D, hire more people. $20 billion is truly a lot of money. It's quite hard to "handicap" someone by giving them $20 billion.
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Groq is absolutely tiny. I don't think antitrust is an issue here.
20 billions is tiny?
[0] valued ~£6.5bn 2mo ago https://www.reuters.com/business/groq-more-than-doubles-valu...
This doesn't make much sense- In September, Groq was valued at $7B. How is it that in 4 months it is being bought for $20B? Can someone with better understanding dumb this down for me please?
It's an AI blackhole https://www.youtube.com/watch?v=21e5GZF3yx0
"They’ve literally told us that the plan is to get bailed out by the taxpayers"
This reminded me of how I think what's gonna happen/ is already happening is that they become too big to fail and get bailed out and the burden/loss becomes of taxpayers
So we are kind of living in a system which is reckless about finances/stability behind businesses where the system is such that all the profits are privatized but all the losses are shared/even funded by the average person
Combine in a mix of corruption in any political party to begin with and I am wondering why we don't have yet another french revolution.
Are they buying them to try and slow down open source models and protect the massive amounts of money they make from OpenAI, Anthropic, Meta ect? It quite obvious that open source models are catching up to closed source models very fast they about 3-4 months behind right now, and yeah they are trained on Nvidia chips, but as the open source models become more usable, and closer to closed source models they will eat i…
Yes, you are way off, because Groq doesn't make open source models. Groq makes innovative AI accelerator chips that are significantly faster than Nvidia's.
Yeah I'm disappointed by this, this is clearly to move them out of the market. Still, that leaves a vacuum for someone else to fill. I was extremely impressed by Groq last I messed about with it, the inference speed was bonkers.
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There is no "antitrust regulation" in the US in 2025. (Until 2029) States are "not allowed" to regulate AI companies.
There also weren't any antitrust regulations before, let's not kid ourselves.
Are they buying them to try and slow down open source models and protect the massive amounts of money they make from OpenAI, Anthropic, Meta ect? It quite obvious that open source models are catching up to closed source models very fast they about 3-4 months behind right now, and yeah they are trained on Nvidia chips, but as the open source models become more usable, and closer to closed source models they will eat i…
Yes, you are way off, because Groq doesn't make open source models. Groq makes innovative AI accelerator chips that are significantly faster than Nvidia's.
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You miss my point. This is a list of people engaging in something flat-out corrupt . The ballroom is an inherently corrupt project. It will prove to be simple corruption.
Why is that relevant if there is no one willing to prosecute and convict?