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Nvidia lands $20B deal with Groq

Nvidia is betting $20 billion that owning Groq's ultra-fast inference technology will keep it at the center of the AI boom ...
Artificial intelligence chip startup Groq Inc. today announced that Nvidia Corp. will license its technology on a nonexclusive basis. The deal will also see the graphics card maker hire several key ...
NVIDIA Corporation (NASDAQ:NVDA) ranks among the most active blue chip stocks to buy now. Mizuho reaffirmed an Outperform rating and $245 price target for NVIDIA Corporation (NASDAQ:NVDA) on December ...
No, we did not miss the fact that Nvidia did an “acquihire” of AI accelerator and system startup and rival Groq on Christmas ...
Groq has entered into a non-exclusive licensing agreement with Nvidia covering its inference technology. Groq reports the pact focuses on expanding access to high-performance, low-cost inference ...
The rise of AI has given new businesses, such as Groq, a chance to challenge established players. Groq created the language processing unit, a product specifically for AI inference. Nvidia and AMD are ...
Nvidia has licensed intellectual property from inferencing chip designer Groq, and hired away some of its senior executives, but stopped short of an outright acquisition. “We’ve taken a non-exclusive ...
Nvidia has entered into a nonexclusive licensing agreement with AI-chip maker Groq, and will acquire some of the startup’s executive team. In a blog post on Wednesday, Groq said founder and CEO ...