Nvidia buys AI chip startup Groq's assets for $20 billion in the company's biggest deal ever — Transaction includes acquihires of key Groq employees, including CEO

Groq, a rival to Nvidia in the AI chip race, has entered into a non-exclusive agreement with the Green Team, with a deal valued at $20 billion, roughly $13 billion more than Groq's last evaluation. Nvidia will also hire the firm's founder and CEO,

Groq, NVIDIA Ink Non-Exclusive AI Inference Deal as Founder Joins Chip Giant

Groq signs a non-exclusive AI inference licensing deal with NVIDIA as founder Jonathan Ross joins the chipmaker, signaling a deeper push into low-latency AI workloads.

Chip startup Groq’s Jonathan Ross will do ‘incredible things’ at Nvidia: Social Capital CEO Chamath Palihapitiya

Chip giant Nvidia has acquired assets and talent from AI startup Groq for $20 billion. This deal brings Groq's specialized inference chip technology to Nvidia. Groq founder Jonathan Ross and key staff will join Nvidia.

NVIDIA Stock Crosses $190 On Robinhood Overnight Trading After Groq Deal

NVIDIA shares climbed to $190.16 in overnight trading following the company's $20 billion licensing agreement with AI chip startup Groq.
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