TheSequence • 35 implied HN points • 28 Dec 25
- Nvidia licensed Groq’s LPU technology and brought key Groq leaders onboard, consolidating talent and inference IP to reinforce its lead in inference hardware.
- Chinese model labs are shipping frontier models: Zhipu’s GLM 4.7 pushes coding and agentic ‘deep thinking,’ while MiniMax’s M2.1 uses linear attention and MoE to enable a massive 4‑million‑token context window at much lower cost.
- Zhipu and MiniMax preparing Hong Kong IPOs shows foundation models are moving from VC-funded research to public, revenue-focused companies, and highlights a split where U.S. scaling is driven by capital and hardware consolidation while China focuses on architectural and economic efficiency.