| ▲ | nickysielicki 10 hours ago |
| 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 members of the Groq team will join Nvidia to help advance and scale the licensed technology. > Groq will continue to operate as an independent company with Simon Edwards stepping into the role of Chief Executive Officer. > GroqCloud will continue to operate without interruption. |
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| ▲ | gchadwick 10 hours ago | parent | next [-] |
| 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? |
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| ▲ | jbkkd 3 hours ago | parent | next [-] | | I have a friend who worked in a company that got "not acquired" in a similar deal. She didn't see a dime out of it, and was let off (together with a big chunk of people) within 6 months. | |
| ▲ | lumost 7 hours ago | parent | prev [-] | | I wonder if such deals will create employee lawsuits. I'd certainly be looking at legal options if I was one of the founding employees. | | |
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| ▲ | justincormack 10 hours ago | parent | prev | next [-] |
| So it is not structured as an acquisition to avoid anti trust but effectively it probably is. |
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| ▲ | whatsupdog 10 hours ago | parent | next [-] | | Yes I'm sure that "non exclusive" partnership is exactly that, wink wink! | |
| ▲ | DivingForGold 9 hours ago | parent | prev [-] | | Indeed, as justincormack comments: ”It is not structured as an outright acquisition to avoid US Gov't anti trust scrutiny, but effectively it probably is”. “Non-exclusive” ? Ummmm, yeah, right, sure. You can probably bet there is an private understanding that Groq will no longer offer it's “top of the line” best technology to competitors of Nvidia. Some may see this as a clever, “slight of the hand” attempt for Nvidia to maintain it's perceived dominance & lead in GPU-TPU development.
“Non-exclusive” does not in any form or fashion spell out that all Nvidia's competitors can and will obtain the very top, cutting edge Groq technology as Nvidia will obtain . . . | | |
| ▲ | biggc 6 hours ago | parent [-] | | What generated this comment? | | |
| ▲ | symbogra 5 hours ago | parent | next [-] | | Probably a good old fashioned Mk 1 Human Brain given the use of "slight of hand" | |
| ▲ | deaux 2 hours ago | parent | prev | next [-] | | 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. | | |
| ▲ | ilikehurdles 2 hours ago | parent | next [-] | | Quoting the user it’s replying to in third person, and then hallucinating words inside the quote. When I have asked LLMs to read/dictate a linked text, the output is usually not a clean read but something reinterpreted with its own style. | |
| ▲ | squigz 2 hours ago | parent | prev [-] | | 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. |
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| ▲ | rising-sky 6 hours ago | parent | prev | next [-] | | Grok... with a k | |
| ▲ | janderson215 4 hours ago | parent | prev [-] | | GPT1 Nano |
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| ▲ | bossyTeacher 5 hours ago | parent | prev | next [-] |
| > As part of this agreement, Jonathan Ross, Groq’s Founder, Sunny Madra, Groq’s President, and other members of the Groq team will join Nvidia to help advance and scale the licensed technology. A really strange agreement where top executives of a company "join" another company for the benefit of the other company. If it quacks like a duck... |
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| ▲ | idiotsecant 2 hours ago | parent [-] | | In the current political climate you only need to slightly pretend to care about the appearance of being a monopoly, just enough to give plausible deniability in a sound bite. Anything else isn't worth it. |
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| ▲ | 5 hours ago | parent | prev [-] |
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