Earlier quoted context omitted.
I wonder if such deals will create employee lawsuits. I'd certainly be looking at legal options if I was one of the founding employees.
The employees are getting paid twice.
wdym?
Nvidia to buy assets from Groq for $20B cash
231–240 of 424 posts
Re: Nvidia to buy assets from Groq for $20B cash
#232Earlier quoted context omitted.
Indeed, as justincormack comments: ”It is not structured as an outright acquisition to avoid US Gov't anti trust scrutiny, but effectively it probably is”. “Non-exclusive” ? Ummmm, yeah, right, sure. You can probably bet there is an private understanding that Groq will no longer offer it's “top of the line” best technology to competitors of Nvidia. Some may see this as a clever, “slight of the hand” attempt for Nvidi…
What generated this comment?
Grok... with a k
Re: Nvidia to buy assets from Groq for $20B cash
#233Legit feels like Nvidia just buying out competition to maintain their position and power in the industry. I sincerely hope they fall flat on their face.
That's unfortunately what most acquisitions are.
Re: Nvidia to buy assets from Groq for $20B cash
#234Damn. Was hoping Groq and Cerebras would give the giants a run for their money.
I guess I have some hope for Tenstorrent
Re: Nvidia to buy assets from Groq for $20B cash
#235I got curious about how many wheelbarrows of cash $20bn actually is. Two ways to think about it: weight vs volume. By weight (assuming all $100 bills): $20,000,000,000 / $100 = 200,000,000 bills Each bill is roughly 1g, so total mass is ~200,000 kg A typical builder’s wheelbarrow can take about 100 kg before it becomes unmanageable 200,000 kg total / 100 kg per wheelbarrow ≈ 2,000 wheelbarrows (weight limit) By volum…
Something wrong about representing the weight of US dollars in metric units.
Re: Nvidia to buy assets from Groq for $20B cash
#236Following the age old playbook of monopolies. https://www.arte.tv/en/videos/103517-001-A/capitalism-in-ame... (Use a vpn if outside EUR) A free market is a regulated market. Otherwise you will end up with monopolies and a dead market.
…except they are a rather small hardware startup, there is a dozen other rather small hardware startups they did not buy, and there will be more such startups funded just on the news that NVIDIA bought one at a big premium.
Re: Nvidia to buy assets from Groq for $20B cash
#237Congratulations to Chamath
Re: Nvidia to buy assets from Groq for $20B cash
#238Biggest surprise for me is that they chose to announce this on Christmas Eve. I’d love to have been in the room when that was decided. The big, exciting news doesn’t typically get announced during a major holiday week.
They want the Trump Jr. and Chamath connections to be forgotten by the time the media and YouTubers get active again after New Year. It's a standard media tactic.
What's your angle on the Chamath link? Is Nvidia greasing Sack's favour through Chamath?
Re: Nvidia to buy assets from Groq for $20B cash
#239Earlier quoted context omitted.
It would be interesting if it turned out that Chinese competition was the only thing that kept this market working!
I imagine 2 big giants basically (Nvidia/google/amd basically influenced by a few select of people) vs (Chinese companies who have investments from the govt) its sort of like proxy wars and this is sort of whats happening in software side of things with open source models but I think that the benefit of the proxy wars is going to be for the end consumers But although on the other hand, having two large countries comp…
> Nvidia/google/amd
One of these things is not like the others
Re: Nvidia to buy assets from Groq for $20B cash
#240Earlier quoted context omitted.
Shy of an algo breakthrough, open source isn't going to catch up with SOTA, their main trick for model improvement is distilling the SOTA models. That's why they they have perpetually been "right behind".
They don't need to catch up. They just need to be good enough and fast as fuck. Vast majority of useful tasks of LLMs has nothing to do with how smart they are. GPT-5 models have been the most useless models out of any model released this year despite being SOTA, and it because it slow as fuck.
This. You can distill a foundation model into open source. The Chinese will be doing this for us for a long time.
We should be glad that the foundation model companies are stuck running on treadmills. Runaway success would be bad for everyone else in the market.
Let them sweat.