Nvidia makes its biggest purchase ever
According to CNBC, Nvidia has agreed to pay about $20 billion in cash for Groq, a specialist in AI accelerator chips used to power inferenceâEUR"the stage...
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Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup's executive team.
Nvidia pays $20B for Groq's AI chip assets, continuing its pattern of absorbing rivals and strengthening the case for decentralized alternatives.
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Nvidia, joining Big Tech deal spree, to license Groq technology, hire executives
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