Sources: ~90% of Groq employees will join Nvidia and be paid cash for all vested shares; most shareholders will get per-share payouts tied to the $20B valuation
10% of the remaining employers can't reasonably be claimed to be running the leftover company. … Forums: Hacker News : Nvidia deal a big win for Groq employees and investors
Sources: ~90% of Groq employees will join Nvidia and be paid cash for all vested shares; most shareholders will get per-share payouts tied to the $20B valuation
Shareholders in Groq, a hot AI chipmaking startup, will receive handsome payouts from the company's $20 billion deal with Nvidia …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
anybody who knows anything about AI chips knows groq's first gen chips aren't competitive but maybe their upcoming chips might have been able to threaten nvidia? @josephjacks_ : Ov...
Sources: Nvidia's licensing deal with Groq, which has raised ~$1.8B, includes payouts to Groq's key execs and investors, including BlackRock and Tiger Global
Nvidia stunned Silicon Valley on Wednesday by agreeing to pay about $20 billion to license technology from Groq …
Nvidia agrees to a licensing deal with Groq; CEO Jonathan Ross and other top executives will join Nvidia; Groq says it will continue operating independently
Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected …
A look at Anthropic's success in corporate AI, which makes up ~80% of its revenue; a July report put its enterprise API market share at 32%, above OpenAI's 25%
and it's all thanks to this one problem OpenAI can't solve Maria Garcia / Implicator.ai : Anthropic's finance push lands while revenue closes in on OpenAI Samreen Ahmad / Tech in A...
Report: Swiss deep tech startups have created over $100B in total enterprise value, with 60% of VC funding in Switzerland from 2019 to 2025 going to deep tech
With 60 per cent of venture capital now flowing into deeptech, the country outpaces global peers and redefines what a small market can achieve. .
An interview with computational linguist Emily Bender, who coined the term “stochastic parrot”, on her AI skepticism, co-writing the book The AI Con, and more
The computational linguist on her motivations for taking on Big Tech, the dangers of chatbots — and why AI is just a ‘glorified Magic 8 Ball’ Bluesky: @hypervisible , @tonytassell ...
Sources: Meta agrees to take a 49% stake in Scale AI for $14.8B, in a deal that gives cash to Scale's shareholders and makes Alexandr Wang a top Meta executive
Cory Weinberg / The Information :
Sources: Meta plans to build an AI lab dedicated to pursuing “superintelligence”, led by Scale AI CEO Alexandr Wang, with seven- to nine-figure compensations
The new lab, set to include Scale AI founder Alexandr Wang, is part of a reorganization of Meta's artificial intelligence …
Perplexity open sources R1 1776, a version of the DeepSeek R1 model that Perplexity CEO Aravind Srinivas says was “post-trained to remove the China censorship”
DeepSeek-R1 is a fully open-weight large language model (LLM) … Unite.AI : DeepSeek's R1: A Useful Reminder Markus Kasanmascheff / WinBuzzer : Perplexity Releases Censorship-Free V...
Industry insiders say DeepSeek's focus on research makes it a dangerous competitor as it's willing to share breakthroughs rather than protect them for profits
China is pulling the same trick. — www.ft.com/content/747a... Mastodon: Brian Kung / @briankung@hachyderm.io : “There's a pretty delicious, or maybe disconcerting irony to this, ...
Rather than weakening China's AI capabilities, US sanctions appear to be driving startups like DeepSeek to innovate by prioritizing efficiency and collaboration
The AI community is abuzz over DeepSeek R1, a new open-source reasoning model. — The model was developed by the Chinese AI startup DeepSeek …
Yann LeCun says DeepSeek “profited from open research and open source” like Meta's Llama and is proof that open source models are surpassing proprietary ones
If you hadn't heard, there's a new AI star in town: DeepSeek, the subsidiary of Hong Kong-based quantitative analysis …
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation
A stronger non-profit supported by the for-profit's success. — OpenAI's Board of Directors is evaluating our corporate structure …
OpenAI says its board of directors is evaluating its corporate structure, including a plan to turn its for-profit arm into a Delaware Public Benefit Corporation
A stronger non-profit supported by the for-profit's success. — OpenAI's Board of Directors is evaluating our corporate structure …
The French AI startup called H, formerly Holistic, says three of its five co-founders are leaving over “operational differences”, after raising $220M in May
The Information :
The French AI startup called H, formerly Holistic, says three of its five co-founders are leaving over “operational differences”, after raising $220M in May
Three of the five co-founders of buzzy French artificial intelligence startup H, formerly known as Holistic …
Arize AI: 56% of Fortune 500 companies cited AI as a “risk factor” in their recent annual reports, up from 9% in 2022; 86% of software firms cited AI as a risk
What matters is speed to change and adoption, this remains one of the biggest challanges, enabling innovation culture …
Character.AI co-founders Noam Shazeer and Daniel De Freitas, and some employees, are joining Google; Google has signed a non-exclusive agreement to use its tech
In a big move, Character.AI co-founder and CEO CEO Noam Shazeer is returning to Google after leaving the company in October 2021 to found the a16z-backed startup.