Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN

In this interview, Harry Stebbings welcomes Jonathan Ross, CEO of Groq, to discuss the current state of the AI market, addressing concerns about a potential bubble and exploring the strategic investments of major players like Google, Microsoft, and Amazon. Ross likens the market to the early days of oil drilling, characterized by high risk and potential for significant reward, emphasizing the importance of speed and compute in AI development. The conversation covers NVIDIA's market position, the motivations behind hyperscalers building their own chips, and the potential for AI to cause labor shortages due to deflationary pressure and new job creation. Ross also touches on energy requirements, geopolitical implications, and the competitive landscape, highlighting the importance of focus and differentiation for companies like Groq in the rapidly evolving AI landscape.