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Home Market Research Business

Nvidia Licenses Groq’s AI Chip Tech, Grabs Top Execs

by TheAdviserMagazine
2 hours ago
in Business
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Nvidia Licenses Groq’s AI Chip Tech, Grabs Top Execs
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Nvidia (NVDA) will license key technology from AI chip maker Groq and bring over key personnel from the startup, Groq announced Wednesday afternoon. That followed a report that the Dow tech giant would pay $20 billion for Groq. Nvidia stock edged lower late Wednesday. Groq has entered into a non-exclusive licensing deal with Nvidia for the startup’s inference technology, the…



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