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Nvidia to buy assets from Groq for $20B cash
51–60 of 424 posts
Re: Nvidia to buy assets from Groq for $20B cash
#52That's great, but LLMs are still not generating revenue.
They are generating revenue, profit is the dubious thing.
Re: Nvidia to buy assets from Groq for $20B cash
#53That's great, but LLMs are still not generating revenue.
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Re: Nvidia to buy assets from Groq for $20B cash
#54Damn. Was hoping Groq and Cerebras would give the giants a run for their money.
There are others as well but NVidia is aggressive when it comes to punishing companies willing to buy non-NVidia products. As a result, they prefer to remain under the radar, at least until they have enough market leverage to be more widely known.
Re: Nvidia to buy assets from Groq for $20B cash
#55The 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…
NVIDIA and "no path to profitability" don't belong in the same zip code.
I read it as path to profitability for the AI companies buying Nvidia's chips.
Re: Nvidia to buy assets from Groq for $20B cash
#56That's great, but LLMs are still not generating revenue.
They’re generating tons of revenue, just not necessarily profits
Re: Nvidia to buy assets from Groq for $20B cash
#57This 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?
Re: Nvidia to buy assets from Groq for $20B cash
#58Legit 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.
Stuff like tinygrad will change this. Geohot already made nvidia run on macs via thunderbolt.
Re: Nvidia to buy assets from Groq for $20B cash
#59Legit 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.
> Legit feels like Nvidia just buying out competition to maintain their position and power Well, I mean, isn't that exactly what they should be doing? (I'm not talking about whether or not it benefits society; this is more along the lines of how they're incentivized.) Put yourself in their shoes. If you had all that cash, and you're hearing people talk of an "AI Bubble" on a daily basis, and you want to try and ensur…
Dunno thought AGI would make everything obsolete and it's just around the corner? It looks rather like it dawns on everyone that transformers won't bring salvation. It's a show of weakness.
Re: Nvidia to buy assets from Groq for $20B cash
#60Uh oh, not good that a major Nvidia competitor with genuine alternative technology will no longer be competing... Chances this tech gets killed post-acquisition?
Zero. Non-zero only if someone says something deemed “woke”.