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

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icture data-new-v2-image=”true”>a snippet from the HBM roadmap article
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Nvidia, the largest GPU manufacturer in the world and the linchpin of the AI data center buildout, has data-analytics-id=”inline-link” href=”https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale” target=”_blank” data-url=”https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>entered into a non-exclusive licensing agreement with AI chip rival Groq to use the company’s intellectual property. The deal is valued at $20 billion and includes acquihires of key employees within the firm who will now be joining Nvidia. The firm spent $7 billion for Israeli chip company Mellanox in 2019, so the record has now been toppled.



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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


Tom’s Hardware Premium Roadmaps

icture data-new-v2-image=”true”>a snippet from the HBM roadmap article
icture>

(Image credit: Future)

Nvidia, the largest GPU manufacturer in the world and the linchpin of the AI data center buildout, has data-analytics-id=”inline-link” href=”https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale” target=”_blank” data-url=”https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale” referrerpolicy=”no-referrer-when-downgrade” data-hl-processed=”none” data-mrf-recirculation=”inline-link”>entered into a non-exclusive licensing agreement with AI chip rival Groq to use the company’s intellectual property. The deal is valued at $20 billion and includes acquihires of key employees within the firm who will now be joining Nvidia. The firm spent $7 billion for Israeli chip company Mellanox in 2019, so the record has now been toppled.



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Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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