Nvidia Acquires Groq’s AI Chip Assets for $20 Billion
Nvidia has acquired the assets of Groq, a developer of high-performance AI accelerator chips, for $20 billion. This was reported by Disruptive CEO Alex Davis, according to CNBC. His firm has invested over $500 million in the startup since its inception in 2016. Three months ago, Groq raised $750 million at a valuation of $6.9 […]
