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Nvidia expands AI empire with Groq talent grab
SAN FRANCISCO, California: Nvidia has hired the leadership of a promising AI chip startup, a statement said Wednesday, as the artificial intelligence giant expands its tech empire. Chip maker Groq said the departure of its top executives was part of a non-exclusive licensing agreement with Nvidia for its inference technology, as both companies seek to expand access to low-cost AI processing. Under the agreement, Groq founder Jonathan Ross and president Sunny Madra, along with other team members, will join Nvidia to help develop and scale the Groq’s technology.
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cnbc.com
Exclusive: Nvidia buying AI chip startup Groq for about $20 billion in its largest acquisition on record
Nvidia is making its largest purchase ever, acquiring nine-year-old chip startup Groq for about $20 billion.
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arabnews.com
Nvidia expands AI empire with Groq talent grab
SAN FRANCISCO, California: Nvidia has hired the leadership of a promising AI chip startup, a statement said Wednesday, as the artificial intelligence giant expands its tech…
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cincodias.elpais.com
Nvidia asalta la tecnología de Groq para consolidar su liderazgo en los chips de IA
La compañía cierra un acuerdo de licencias valorado en 20.000 millones de dólares
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Nvidia-Groq deal is structured to keep 'fiction of competition alive,' analyst says
Groq's description of its Nvidia deal as a "non-exclusive licensing agreement" mimics other recent big AI transactions orchestrated by U.S. tech giants.