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,

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.
DIGITIMES

Nvidia Groq partnership signals shift toward specialized inference chips as AI workloads scale

Nvidia is set to include innovations from Groq, an AI inference chip startup, into its product ecosystem by the end of 2025, responding to an expected surge in AI inference demand. CEO Jensen Huang estimated in early 2025 that AI inference workload could grow by up to one billion times in the coming years,
Deccan Chronicle

Groq Founder Jonathan Ross's Net Worth Post $20 Billion Nvidia Transaction

While Nvidia dominates the market for training artificial intelligence models, Groq specializes in inference—the process where trained models respond to user requests. Inference is a more competitive space, with rivals such as Advanced Micro Devices, Cerebras Systems, and other startups vying for market share.
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