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?
Nvidia to buy assets from Groq for $20B cash
301–310 of 424 posts
Re: Nvidia to buy assets from Groq for $20B cash
#302Re: Nvidia to buy assets from Groq for $20B cash
#303Re: Nvidia to buy assets from Groq for $20B cash
#304I 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
#305Earlier 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.
Re: Nvidia to buy assets from Groq for $20B cash
#306Re: Nvidia to buy assets from Groq for $20B cash
#307I 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.
For $0bn they could have sold an Nvidia-like chip for inference.
Re: Nvidia to buy assets from Groq for $20B cash
#308Are 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…
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
#309I 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…
Re: Nvidia to buy assets from Groq for $20B cash
#310What a disaster. Any little competition they have, they are going to buy out. The world needs much stronger anti trust laws.