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Nvidia to buy assets from Groq for $20B cash

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

#301

Groq press release: https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusiv... > Today, Groq announced that it has entered into a non-exclusive licensing agreement with Nvidia for Groq’s inference technology. The agreement reflects a shared focus on expanding access to high-performance, low cost inference. > As part of this agreement, Jonathan Ross, Groq’s Founder, Sunny Madra, Groq’s President, and other member…

Another example of the growing trend of buying out key parts of a company to avoid any actual acquisition? I wonder if equity holding employees get anything from the deal or indeed if all the investors will be seeing a return from this?

If I had to guess I'd say investors get their returns but non exec employees mostly get screwed.

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

#304
post #119

I 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.

How many pounds is it? Whos on first?

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

#305
post #278
post #273

Earlier quoted context omitted.

Looks like a normal comment to me, what makes you think otherwise? It has pretty much no hallmarks of being generated, and plenty that point towards the opposite.

Starting the comment pointing out the name of the user you're replying to, and quoting the exact comment you're replying to, does sound really strange.

I think it's intended as a response to a sibling comment.

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

#307

I do not understand this move by Nvidia, they are afraid of being out competed by this startup in their core competence of building chips for AI? They may be eliminating a competitor for now but this move will immediately many more AI chip startups to get founded

They're not eliminating a competitor, they're (effectively) acquiring a competitor. Nvidia's GPUs are great for training, and not bad for inference, but the custom chips are better for inference and Nvidia's worried about losing customers. Nvidia will no doubt sell custom Groq-like chips for inference now.

> Nvidia will no doubt sell custom Groq-like chips for inference now.

For $0bn they could have sold an Nvidia-like chip for inference.

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

#308

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…

You still need hardware to run open source models. It might eat into OpenAI profit but I doubt it will eat into NVIDIA's

If anything more companies in making models business the higher NVIDIA chip demand will be, till we get some proper competition at least. We badly need some open CUDA equivalent so moving off to competition isn't a problem

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

#309
post #119

I 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…

The movie Blow had a scene about the logistics dealing with tons of cash. Even before thinking about laundering, it’s a huge PITA.

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

#310

What a disaster. Any little competition they have, they are going to buy out. The world needs much stronger anti trust laws.

the world needs ENFORCEMENT of existing ones. Laws don't help if government is complicit in the grift because AI is only thing propping up the GDP
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