Nvidia Corp. has agreed to a licensing deal with AI chip startup Groq, furthering its investments in companies connected to the AI boom. Groq founder Jonathan Ross and other top executives will join Nvidia “to help advance and scale licensed technology”. (Bloomberg) As part of the Nvidia-Groq deal, Groq’s Chief Executive Officer Jonathan Ross and […]
Nvidia Corp. is said to have agreed to buy AI chip startup Groq for $20 billion cash, in what is potentially its biggest acquisition till date. Nvidia CEO Jensen Huang. At the end of October, Nvidia had $60.6 billion in cash, up from $13.3 billion in early 2023. (AFP) Groq is expected to alert its […]
