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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

#91

Post by wmf »

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…

there’s no path to profitability for the buyers of these chips given the cost and capabilities of the current LLM architectures

Didn't Anthropic say inference is already profitable?

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

#92

Post by piskov »

password54321 wrote: post #74
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

This guy has the greatest dunning-kruger of all time. Lots of smoke and mirrors.

He’s no delusional: https://x.com/__tinygrad__/status/1983476594850283820

However, I would say you are wrong about it being only smoke

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

#93

Post by exasperaited »

bdangubic wrote: post #89
exasperaited wrote: post #71

Earlier quoted context omitted.

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?

You miss my point. This is a list of people engaging in something flat-out corrupt. The ballroom is an inherently corrupt project.

It will prove to be simple corruption.

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

#95

Post by superkuh »

erichocean wrote: post #33
asdev wrote: post #6

[flagged]

nVidia is being scammed here? Seems unlikely…

For nvidia increasing the numbers of their money-multiplying mutual investment ring is more important than the value of the deals. It's about involving more capital and people and making their grift too big to fail and keeping the stock numbers up. Nvidia has the ability to promise large amounts of money like this in announcements but I haven't read about any of them actually having money or good exchange hands yet.

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

#97

Post by impulser_ »

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 into Nvidia profit as these companies aren't spending tens of billion dollars on chips to train and run inference. These are smaller models trained on fewer GPUs and they are performing as good as the pervious OpenAI and Anthropic models.

So obviously open source models are a direct threat to Nvidia, and they only thing open source models struggle at is scaling inference and this is where Groq and Cerberus come into the picture as they provide the fastest inference for open source models that make them even more usable than SOTA models.

Maybe I'm way off on this.

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

#99

Post by SecretDreams »

adam_arthur wrote: post #19
niemandhier wrote: post #18

I could not figure out if „cash“ means literally cash or figuratively cash in the sense of “no trade in shares”. Will there be a truck full of paper money or not?

Implies they will pay cash value to equity holders as opposed to issuing NVDA shares. (Electronically)

Is this to somehow screw the employees with RSUs or what?

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

#100

Post by wmf »

dwa3592 wrote: post #57

This 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?

Imagine a pharma with a weight loss drug that isn't approved yet; it's either worth $20B (if approved) or zero (if not approved).

Now imagine the LPUv2 ASIC. If it works it's worth $20B and if it doesn't it's zero. If investors think LPUv2 has a 1/3 chance of success they would buy in at $7B. Then the chip boots up and... look at that.

Or it's just a massive bubble.

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