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Groq execs to join NVIDIA

Nvidia licenses Groq’s AI technology as demand for cutting-edge chips grows

The startup’s CEO and some staff are to join Nvidia as part of new nonexclusive deal, a sign of growing demand for cutting-edge AI chips.

The Financial Express · 2h

Nvidia to license Groq’s AI chip technology and hire its CEO

· 1d · on MSN

Groq execs to join Nvidia as part of AI-chip licensing deal

· 1d

Nvidia, joining Big Tech deal spree, to license Groq technology, hire executives

Nvidia (NVDA.O) has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's (GOOGL.O) Google, Groq said in a blog post on Wednesday.

· 1d

Nvidia licenses Groq inference technology, Groq executives join chipmaker

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Nvidia strikes deal with chip startup Groq, hires CEO as part of $20B transaction

Nvidia buys AI chip startup Groq's assets for $20 billion in the company's biggest deal ever — Transaction includes acquihires of key Groq employees, including CEO

Groq, a rival to Nvidia in the AI chip race, has entered into a non-exclusive agreement with the Green Team, with a deal valued at $20 billion, roughly $13 billion more than Groq's last evaluation. Nvidia will also hire the firm's founder and CEO,

13h

Nvidia strikes $20 billion deal to acquire Groq assets

The deal was first reported as an exclusive with CNBC on Wednesday. Alex Davis, the CEO of Disruptive, the company that led Groq's latest financing round, said Nvidia has agreed to buy Groq's assets for $20 billion in cash, the news outlet reported.

In a new deal, Nvidia hires Groq's top engineering talent, including its founder, who built AI chips at Google

A new type of dealmaking is on the rise in Silicon Valley as Nvidia reaches a non-exclusive deal with a chip startup and hires its top engineers.