US chipmaker Nvidia, the world's most valuable company, has struck a $20bn (£16bn) licensing deal with artificial intelligence start-up Groq. Grok is part of the Elon Musk‑led corporate ecosystem ...

The tricky thing about being Nvidia NVDA2.13%increase; green up pointing triangle these days is that the AI-chip giant has to find ways to spend billions of dollars while seemingly getting little to ...

In a pivotal move that could reshape the AI hardware landscape, Nvidia has reportedly secured approximately 90% of the workforce from AI chipmaker Groq, including its CEO and the renowned inventor of ...

Nvidia signed a $20B deal with AI startup Groq last week. Here's how the deal removes the last remaining bear case for NVDA. Nvidia stock is currently up more than 100% versus its YTD low. Bernstein ...

(Bloomberg/Ian King) — Nvidia Corp. agreed to a licensing deal with artificial intelligence startup Groq, furthering its investments in companies connected to the AI boom and gaining the right to add ...

NVIDIA (NASDAQ: NVDA) has reportedly agreed to acquire Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in a $20 billion all-cash transaction, according to ...

Nvidia has agreed to buy key assets from AI accelerator startup Groq in the company's largest acquisition to date, a move that underscores how the battle in artificial intelligence is increasingly ...

Nvidia has just made a big move by acquiring Groq’s assets for 20 billion dollars. This deal, which strengthens its dominance in the artificial intelligence (AI) chip market, could also disrupt the ...

Dec 24 (Reuters) - Nvidia has agreed to license chip technology from startup Groq and hire away its CEO, a veteran of Alphabet's Google, Groq said in a blog post on Wednesday. Groq specializes in what ...

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 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 ...

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