Nvidia to License Groq Technology in $20 Billion AI Chip Deal
Move strengthens Nvidia's data center strategy amid global surge in AI infrastructure spending.
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Move strengthens Nvidia's data center strategy amid global surge in AI infrastructure spending.
Nvidia will license key technology from AI chip startup Groq, hiring top personnel. But it's not a full takeover, as previously reported.
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...
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.
Nvidia, joining Big Tech deal spree, to license Groq technology, hire executives
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