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Bezinga News · Dec 25, 2025 1:12 AM EST AI

Nvidia Reportedly Shells Out $20.6 Billion For Groq, CEO Jonathan Ross Says He's Joining Rival Chip Giant Along With The Team

Groq announced a non-exclusive licensing agreement with Nvidia Corp. (NASDAQ:NVDA) for its inference technology on Wednesday, aiming to boost high-performance AI inference worldwide. The reportedly 20.6 billion cash deal highlights collaboration between the AI chip innovators amid surging demand for efficient inference solutions. Groq To Remain An Independent Company Groq has entered into a non-exclusive licensing a…

Nvidia Reportedly Shells Out $20.6 Billion For Groq, CEO Jonathan Ross Says He's Joining Rival Chip Giant Along With The Team
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How this story developed

7 reports over 2 days
  1. TechCrunch Nvidia to license AI chip challenger Groq's tech and hire its CEO Neutral 0
  2. CNBC Top Stories Exclusive: Nvidia buying AI chip startup Groq's assets for about $20 billion in largest deal on record Neutral 0
  3. Market Watch Groq execs to join Nvidia as part of AI-chip licensing deal Bullish +17
  4. New York Post Business Nvidia expands AI empire with Groq licensing deal, poaching startup's top execs Strong bullish +62
  5. New York Times Business Nvidia Strikes a Deal With Groq, an A.I. Chip Start-Up Strong bullish +56
  6. Bezinga News You're reading this Nvidia Reportedly Shells Out $20.6 Billion For Groq, CEO Jonathan Ross Says He's Joining Rival Chip Giant Along With The Team Strong bullish +76
  7. YouTube - Yahoo Finance Nvidia's $20B deal with Groq, plus 2026 investing resolutions and market outlook Neutral 0

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