Nvidia Strikes $20 Billion AI Chip Licensing Deal for Groq Assets

Nvidia has entered a $20 billion all-cash deal to acquire key assets and intellectual property from AI chip startup Groq, significantly expanding its AI inference capabilities. This strategic move, which sees Groq's founder join Nvidia, is the chip giant's largest transaction to date. Groq's cloud business will continue independently.

• Nvidia secured a $20 billion all-cash deal for Groq's core AI chip assets and talent.
• The agreement is officially a non-exclusive licensing deal, with Groq's cloud business remaining independent.
• Groq founder Jonathan Ross and other key leaders will transition to Nvidia.
• This marks Nvidia's largest deal ever, surpassing its 2019 Mellanox acquisition of $7 billion.
• An investor in Groq's recent funding round, 1789 Capital, has Donald Trump Jr. as a partner.
• The deal significantly strengthens Nvidia's position in the critical AI inference market.

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