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Nvidia to buy assets from Groq for $20B cash

cnbc.com

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Re: Nvidia to buy assets from Groq for $20B cash

#191

Post by wmf »

zamalek wrote: post #187
ilaksh wrote: post #179

Earlier quoted context omitted.

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.

> 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.

If it's that good Nvidia can just keep selling it.

Re: Nvidia to buy assets from Groq for $20B cash

#192

Post by siliconc0w »

nabla9 wrote: post #155
yousif_123123 wrote: post #115

Not good. This shouldn't be allowed. What would be better is if groq and cerebras combined, and maybe other companies invested in them to help them scale. Why would the major cloud providers not lobby against this? Usually antitrust is for consumers, but here I think companies like Microsoft and AWS would be the biggest beneficiaries of having more AI chip competition.

It's a non-exclusive deal. No reason for antitrust action whatsoever.

It's a backdoor acquisition by looting the key talent.

Re: Nvidia to buy assets from Groq for $20B cash

#193

Post by cindyllm »

Imustaskforhelp wrote: post #186
dandanua wrote: post #143

Earlier quoted context omitted.

It's an AI blackhole https://www.youtube.com/watch?v=21e5GZF3yx0

I got recommended this and I will watch it today, thank you. One of the comments points out "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/stabilit…

[dead]

Re: Nvidia to buy assets from Groq for $20B cash

#194

Post by wmf »

credit_guy wrote: post #183
impulser_ wrote: post #162

Earlier quoted context omitted.

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?

> to handicap an inference company 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.

Groq doesn't have any employees. They can't do R&D because there's no one to do it. The $20B goes to Groq's investors.

Re: Nvidia to buy assets from Groq for $20B cash

#195

Post by bdangubic »

wyre wrote: post #190
mrbungie wrote: post #133

Earlier quoted context omitted.

Why is that relevant if there is no one willing to prosecute and convict?

A forest can still exist despite people choosing to not see or look at it.

so corruption exists, that’s the pitch? learned something new today…

Re: Nvidia to buy assets from Groq for $20B cash

#196

Post by wmf »

lerchmo wrote: post #168
hmate9 wrote: post #137

Earlier quoted context omitted.

There is also movement over of some key people to nvidia which is pretty significant: "As part of this agreement, Jonathan Ross, Groq’s Founder, Sunny Madra, Groq’s President, and other members of the Groq team will join Nvidia to help advance and scale the licensed technology."

curious how the execs can honor the fiduciary duty to share holders assuming only they? get the 20 billion and the company is left headless and leaking all of its intellectual property to Nvidia?

Shareholders get the $20B so that's the fiduciary responsibility fully satisfied.

Re: Nvidia to buy assets from Groq for $20B cash

#197

Post by roughly »

wmf wrote: post #91
roughly wrote: post #39

The absolute best case I can make for this: I think it’s pretty obvious at this point that Nvidia’s architecture has reached scaling limits - the power demands of their latest chips has Microsoft investing in nuclear fusion. Similar to Intel in both the pre-Core days and their more recent chips, they need an actual new architecture to move forward. As sits, there’s no path to profitability for the buyers of these chi…

there’s no path to profitability for the buyers of these chips given the cost and capabilities of the current LLM architectures Didn't Anthropic say inference is already profitable?

Presuming that’s why they raised 3 times this year.

Re: Nvidia to buy assets from Groq for $20B cash

#198

Post by wyre »

jimnotgym wrote: post #132
jampekka wrote: post #120

Earlier quoted context omitted.

And China.

It would be interesting if it turned out that Chinese competition was the only thing that kept this market working!

Is it not? All this money is going into AI under the fear that China will win the race to AGI. China releases open-source models that keep OpenAI/Anthropic researching and training their models, which in turn creates demand for more Nvidia GPUs.

Re: Nvidia to buy assets from Groq for $20B cash

#200

Post by zeryx »

exasperaited wrote: post #71
mastax wrote: post #28

Earlier quoted context omitted.

https://www.reuters.com/business/nvidias-huang-joins-tech-ti...

Good of them to make a list themselves, isn't it? It'll be useful in the future.

The problem is, if everyone knows it going to curry favour and you're the odd man out - are you in Violation of your fiduciary duty to your shareholders?
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