Good or bad news! Just before Christmas so it will not get noticed as much? This is huge!
Was it a straight direct buy or a license agreement plus poaching the top employees?
"Key Points
- Nvidia is making its largest purchase ever, acquiring assets from nine-year-old chip startup Groq for about $20 billion.
- The company was founded by creators of Google’s tensor processing unit, or TPU, which competes with Nvidia for artificial intelligence workloads.
- Groq, which was valued at $6.9 billion in a financing round in September, framed the deal as a “non-exclusive licensing agreement,” with its CEO and other senior leaders joining Nvidia.
..."
Credits: Last Week in AI
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