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  • Cardi B Secures Legal Victory as Judge Dismisses $50 Million Copyright Infringement Suit | Cardi …

    Cardi B Secures Legal Victory as Judge Dismisses $50 Million Copyright Infringement Suit | Cardi …

    Explore the latest developments concerning Cardi B Secures.

    Cardi B and Warner Music Beat 'Enough (Miami)' Copyright Lawsuit

    That victory came to light in an order from Judge Fernando Rodriguez, Jr., who tossed the complaint for lack of personal jurisdiction. We covered said complaint immediately after its July 2024 filing in a Texas federal court.

    In brief, across two amended actions, producer plaintiffs Joshua Fraustro and Miguel Aguilar (known publicly as Kemikal956) accused Cardi B (real name Belcalis Almánzar) of borrowing from their “Greasy Frybread” effort without permission to create “Enough (Miami).”

    Unsurprisingly, this included contributory and vicarious infringement claims against the major label defendant. However, the filing parties also sued for defamation, unfair competition, IP misappropriation, and more.

    Cardi B Shuts Down Producers Accusing Her of Stealing Music

    Cardi B and her record labels scored a legal win in the Lone Star State after being sued for allegedly using portions of another artist's song without permission … the lawsuit against them has just been thrown out of court for jurisdictional reasons.

    Here's the deal … Joshua Fraustro and Miguel Aguilar (AKA Kemika 1956) filed suit against Cardi B back in July 2024, claiming Cardi and her producers stole their secret sauce by using parts of their 2021 song "Greasy Frybread" on her March 2024 hit single, "Enough (Miami)."

    The lawsuit was filed in Texas … but according to new legal docs obtained by TMZ, it was dismissed due to a lack of personal jurisdiction. Translation: the judge ruled Fraustro and Aguilar didn't establish that the Texas court had the power to deal with the case.

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  • Nvidia Secures Groq’s AI Inference Technology in Landmark Deal, Hires Founder and CEO Jonathan Ro…

    Nvidia Secures Groq’s AI Inference Technology in Landmark Deal, Hires Founder and CEO Jonathan Ro…

    Explore the latest developments concerning Nvidia Secures Groq's.

    Nvidia's Groq deal: Acquisition, acquihire or creative licensing deal?

    Groq announced it has entered a non-exclusive licensing agreement with Nvidia for Groq's inference technology. Groq CEO Jonathan Ross and team will join Nvidia, but Groq will operate independently with GroqCloud.

    News of a licensing deal landed as CNBC reported that Nvidia was buying Groq.

    CNBC reported that Nvidia is acquiring Groq for $20 billion. CNBC's David Faber cited Groq investor Alex Davis, CEO of Disruptive, has his primary source. Groq, founded in 2016, had a valuation pushing $7 billion.

    Groq’s secret sauce is a processor it calls the LPU (language processing unit). ‘The LPU integrates hundreds of MB of SRAM as primary weight storage (not cache), cutting latency and feeding compute units at full speed. This enables efficient tensor parallelism across chips, a practical advantage for fast, scalable inference,” said Groq. Groq's LPU is designed specifically for efficient AI inference.

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    Nvidia has agreed to buying AI chip startup Groq for about $20 billion – CNBC

    The US authorizes Nvidia to export its H200 chips to China, with a 25% tax

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    This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.

    This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.

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