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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

#81

Post by refulgentis »

piskov wrote: post #58
nusl wrote: post #32

Legit 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. Also: https://x.com/__tinygrad__/status/1983469817895198783

There's this curious experience of people bringing up geohot / tinygrad and you can tell they've been sold into a personality cult.

I don't mean that pejoratively, I apologize for the bluntness. It's just I've been dealing with his nonsense since iPhone OS 1.0 x jailbreaking, and I hate seeing people taken advantage of.

(nvidia x macs x thunderbolt has been a thing for years and years and years, well before geohot) (tweet is non-sequitor beyond bogstandard geohot tells: odd obsession with LoC, and we're 2 years away from Changing The Game, just like we were 2 years ago)

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

#82

Post by zapnuk »

A_D_E_P_T wrote: post #38
nusl wrote: post #32

Legit 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…

No one is claiming that it's a bad move.

It's just an anti-competitive move that could be very bad for the consumer as it makes the inference market less competitive.

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

#83

Post by roughly »

jvanderbot wrote: post #46
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…

NVIDIA and "no path to profitability" don't belong in the same zip code.

No path to profitability for the people using their products for their putative purpose, which seems like it might affect Nvidia’s bottom line at some point. Clarified.

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

#84

Post by baq »

altpaddle wrote: post #66

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

the play is 10x faster inference leads to 100x demand give or take, which isn't a bad assumption at all if you ask me. the problem is actually fitting a good model onto hardware that fast.

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

#85

Post by YouAreWRONGtoo »

arisAlexis wrote: post #70
fancyfredbot wrote: post #36

The price is 40x their target revenue. That's twice the price to revenue multiplier applied to Anthropic in their most recent funding round, and really really hard to portray as a good deal. I don't think it really helps Nvidia's competitive position. The serious competition to Nvidia is coming from Google's TPU, Amazon's Trainium, AMD's Instinct, and to a much lesser extent Intel's ARC. Grow recent investors got bac…

And Cerebras

[dead]

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

#86

Post by bonesss »

agency wrote: post #27
julienfr112 wrote: post #11

How can this pass antitrust régulation ?

> Groq raised $750 million at a valuation of about $6.9 billion three months ago. Investors in the round included Blackrock and Neuberger Berman, as well as Samsung, Cisco, Altimeter and 1789 Capital, where Donald Trump Jr. is a partner.

They made Jimmy Carter sell his peanut farm…

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

#87

Post by bri3d »

fancyfredbot wrote: post #36

The price is 40x their target revenue. That's twice the price to revenue multiplier applied to Anthropic in their most recent funding round, and really really hard to portray as a good deal. I don't think it really helps Nvidia's competitive position. The serious competition to Nvidia is coming from Google's TPU, Amazon's Trainium, AMD's Instinct, and to a much lesser extent Intel's ARC. Grow recent investors got bac…

The only thing I can think of here is that OpenAI’s DRAM land grab is going to stack on a non-NV target and NV need to hedge with an SRAM design that’s on the market NOW. Otherwise, I can’t see how NV couldn’t eat Groq’s lunch in one development cycle - it’s not like NV can’t attach a TPU to some SRAM and an interconnect. Either that or Groq closed a deep enough book to scare them, but 40x is a lot of scared.

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

#88

Post by piskov »

refulgentis wrote: post #81
piskov wrote: post #58

Earlier quoted context omitted.

Stuff like tinygrad will change this. Geohot already made nvidia run on macs via thunderbolt. Also: https://x.com/__tinygrad__/status/1983469817895198783

There's this curious experience of people bringing up geohot / tinygrad and you can tell they've been sold into a personality cult. I don't mean that pejoratively, I apologize for the bluntness. It's just I've been dealing with his nonsense since iPhone OS 1.0 x jailbreaking, and I hate seeing people taken advantage of. (nvidia x macs x thunderbolt has been a thing for years and years and years, well before geohot) (…

Can you show any other thing that runs nvidia gpu under m-series macs?

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

#89

Post by bdangubic »

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.

as useful as it was before this administration when big tech was sucking up to whomever was running the country (e.g. “macho man” Zuck was getting ready to tattoo DEI on his forehead couple of years ago) or just now it’ll be magically useful?

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

#90

Post by why-o-why »

Can't wait for the abuse of the word Grok to die (bet none of these techbros even read the book). There was even an AI company that made a product called "Sophon". Talk about an overinflated sense of self-worth.

I like the Wright Brothers, they called the first plain, "Flyer".

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