Nvidia's $20 Billion Groq Deal: Founder Jonathan Ross Joins, Assets Acquired

Nvidia has reportedly struck a $20 billion deal to license Groq's AI chip technology and acquire key assets, including hiring founder Jonathan Ross and his team. Groq's cloud business will continue independently. The transaction is Nvidia's largest reported asset acquisition.

• Nvidia reportedly acquired Groq's AI chip assets for $20 billion.
• Groq founder Jonathan Ross and key engineers will join Nvidia.
• Groq's core technology is licensed; Groq Cloud remains independent.
• The deal enhances Nvidia's AI inference capabilities.
• Transaction is considered Nvidia's largest asset acquisition.
• Jonathan Ross's net worth estimated to significantly increase.

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