Nvidia strikes AI chip deal with Groq, hires its CEO
Nvidia has reached a licensing agreement with AI chip startup Groq, allowing it to integrate Groq’s unique architecture into its own products. As part of the deal, Nvidia will also bring on board Groq’s CEO Jonathan Ross, further strengthening its position in the competitive AI hardware space. Groq’s chips are known for their performance in running large-language models efficiently. This move signals Nvidia’s ongoing strategy of expanding its AI portfolio through strategic partnerships and acquisitions.
A major consolidation in the AI chip sector that reinforces Nvidia’s dominance and highlights the rising importance of custom silicon for AI.
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