Nvidia Licenses Core Groq Technology in Its Most Ambitious AI Move Yet
Nvidia has made its biggest move yet in the fast-growing artificial intelligence industry by acquiring key assets from AI chip startup Groq in a deal valued at about $20 billion. This transaction is the largest deal Nvidia has ever done and shows how serious the company is about staying ahead in the global AI race. Groq is a young but highly respected chip company founded in 2016 by former Google engineers. One of its founders, Jonathan Ross, helped create Google’s Tensor Processing Unit, a chip designed to compete with Nvidia’s graphics processors in handling AI tasks. Groq became well known for building AI accelerator chips that focus…