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Headline is incorrect. NVIDIA isn't buying Groq. It's a non exclusive deal for inference tech. Or am I reading it incorrectly?
by andrewinardeer 10mo ago
Headline is incorrect.
NVIDIA isn't buying Groq.
It's a non exclusive deal for inference tech. Or am I reading it incorrectly?
- hmate9 10mo agoThere is also movement over of some key people to nvidia which is pretty significant: "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."
- lerchmo 10mo agocurious how the execs can honor the fiduciary duty to share holders assuming only they? get the 20 billion and the company is left headless and leaking all of its intellectual property to Nvidia?
- wmf 10mo agoShareholders get the $20B so that's the fiduciary responsibility fully satisfied.
- davedunkin 10mo agoNon-exclusive licensing and hiring the team. > 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.