The Twenty Minute VCGroq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN
Episode Details
EPISODE INFO
- Released
- September 29, 2025
- Duration
- 1h 31m
- Channel
- The Twenty Minute VC
- Watch on YouTube
- ▶ Open ↗
EPISODE DESCRIPTION
Jonathan Ross is the Founder & CEO of Groq, the AI chip company redefining inference at scale. Under his leadership, Groq has raised over $3B from top investors. The company has reached a valuation of nearly $7B, positioning itself as one of NVIDIA’s most formidable challengers. Previously at Google, Jonathan led the team that built the first Tensor Processing Unit (TPU), making him one of the leading architects of modern AI hardware. ----------------------------------------------- Timestamps: 00:00 Intro 01:10 Analyzing the Current Market Landscape 03:33 Why the Hyperscalers Have to Keep Spending Recklessly on AI 12:35 Why OpenAI and Anthropic Will Have to Build Their Own Chips 18:14 OpenAI and Anthropic Will be $5BN Companies: The Bull Case 28:20 Why China is Behind the US in AI and Deepseek is More Expensive to Run 34:37 How Europe Could Compete in AI and Why the US is More Risk Averse Than Europe 37:21 Why We Have to Have Nuclear Energy and How to Bring it Back 48:16 Deflationary Pressures and New Job Markets 51:54 The Future of Vibe Coding 53:40 Why AI Companies Should Strive to Have Low Margins 58:46 S&P 7000, Mag 7 & Market Choppiness 01:06:44 Why OpenAI and Anthropic are so Undervalued 01:13:35 The Chip Market in 5 Years 01:21:51 Quick-Fire Round: Biggest Fear, Nvidia: $10TRN, Zuck Buying AI: Work or Not ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on X: https://twitter.com/HarryStebbings Follow Jonathan Ross on X: https://twitter.com/JonathanRoss321 Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #20vc #harrystebbings #jonathanross #groq #ceo #openai #anthropic #chips #nvidia #nuclearenergy #vibecoding
SPEAKERS
Jonathan Ross
guestHarry Stebbings
host
EPISODE SUMMARY
In this episode of The Twenty Minute VC, featuring Jonathan Ross and Harry Stebbings, Groq Founder, Jonathan Ross: OpenAI & Anthropic Will Build Their Own Chips & Will NVIDIA Hit $10TRN explores groq’s Jonathan Ross: Compute, Chips, and Energy Will Dictate AI’s Future Jonathan Ross argues that AI is still in its early, value-creating phase, with insatiable demand for compute and a structural shortage of GPUs and energy. He believes hyperscalers and AI labs are rationally overspending because compute directly translates into better products, more revenue, and long‑term strategic survival. Ross predicts NVIDIA will remain dominant and could exceed a $10T valuation, even as OpenAI, Anthropic, and others build their own chips and alternative inference architectures like Groq’s emerge. He warns that nations and companies that fail to secure cheap energy and abundant compute—especially Europe—risk becoming economic backwaters in an AI-driven global economy.
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