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Groq press release: https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-

Groq press release: https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale 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.

justincormack 10mo ago
So it is not structured as an acquisition to avoid anti trust but effectively it probably is.
- whatsupdog 10mo ago
  Yes I'm sure that "non exclusive" partnership is exactly that, wink wink!
- DivingForGold 10mo ago
  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 10mo ago
    What generated this comment?
    - rising-sky 10mo ago
      Grok... with a k
    - symbogra 10mo ago
      Probably a good old fashioned Mk 1 Human Brain given the use of "slight of hand"
    - janderson215 10mo ago
      GPT1 Nano
    - deaux 10mo ago
      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.
      - squigz 10mo ago
        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.
        tibbar 10mo ago
        I think it's intended as a response to a sibling comment.
      - ilikehurdles 10mo ago
        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.
gchadwick 10mo ago
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?
- lumost 10mo ago
  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.
  - wmf 10mo ago
    The employees are getting paid twice.
    - sleepingreset 10mo ago
      wdym?
      - wmf 10mo ago
        They get a share of the $20B plus now they get to work for Nvidia.
    - idiotsecant 10mo ago
      The employees are getting paid zero times.
      - petcat 10mo ago
        do they make a salary
        simonh 10mo ago
        If part of their remuneration is in shares, they have a legitimate interest in the value of those shares.
deleted 10mo ago
[deleted]
bossyTeacher 10mo ago
> 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...
- idiotsecant 10mo ago
  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.
- IceWreck 10mo ago
  This is exactly what Google did with Windsurf and similar to what Meta did with Scale AI. Seems like a rising trend,
  - njuhhktlrl 10mo ago
    Remember ex3dfx.com setup by former employees? This is exactly what nvidia tried to do with 3dfx 25 years ago. They have experience of screwing people over!
SilverElfin 10mo ago
This seems a lot like something where the acquirer avoids paying for equity. With key leaders gone what do employees of Groq get? Their company isn’t being acquired really so they just stay illiquid?

justincormack 10mo ago

So it is not structured as an acquisition to avoid anti trust but effectively it probably is.

whatsupdog 10mo ago
Yes I'm sure that "non exclusive" partnership is exactly that, wink wink!
DivingForGold 10mo ago
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 10mo ago
  What generated this comment?
  - rising-sky 10mo ago
    Grok... with a k
  - symbogra 10mo ago
    Probably a good old fashioned Mk 1 Human Brain given the use of "slight of hand"
  - janderson215 10mo ago
    GPT1 Nano
  - deaux 10mo ago
    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.
    - squigz 10mo ago
      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.
      - tibbar 10mo ago
        I think it's intended as a response to a sibling comment.
    - ilikehurdles 10mo ago
      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.

gchadwick 10mo ago

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?

lumost 10mo ago
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.
- wmf 10mo ago
  The employees are getting paid twice.
  - sleepingreset 10mo ago
    wdym?
    - wmf 10mo ago
      They get a share of the $20B plus now they get to work for Nvidia.
  - idiotsecant 10mo ago
    The employees are getting paid zero times.
    - petcat 10mo ago
      do they make a salary
      - simonh 10mo ago
        If part of their remuneration is in shares, they have a legitimate interest in the value of those shares.

deleted 10mo ago

[deleted]

bossyTeacher 10mo ago

> 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...

idiotsecant 10mo ago
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.
IceWreck 10mo ago
This is exactly what Google did with Windsurf and similar to what Meta did with Scale AI. Seems like a rising trend,
- njuhhktlrl 10mo ago
  Remember ex3dfx.com setup by former employees? This is exactly what nvidia tried to do with 3dfx 25 years ago. They have experience of screwing people over!

SilverElfin 10mo ago

This seems a lot like something where the acquirer avoids paying for equity. With key leaders gone what do employees of Groq get? Their company isn’t being acquired really so they just stay illiquid?