Last updated: 2025-12-25 16:33:18 ET
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Groq announced a non-exclusive licensing agreement with Nvidia Corp. (NASDAQ:NVDA) for its inference technology on Wednesday, aiming to boost high-performance AI inference worldwide. The reportedly 20.6 billion cash deal highlights collaboration betw...
In a new deal, Nvidia hires Groq's top engineering talent, including its founder, who built AI chips at Google
Nvidia will license Groq’s technology and hire its top executives, adding to the Silicon Valley giant’s heft in artificial intelligence chips.
Groq more than doubled its valuation to $6.9 billion, from $2.8 billion in August last year, following a $750 million funding round in September.
Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup’s executive team.
