Overview
- Groq said founder Jonathan Ross, president Sunny Madra, and other engineers will join Nvidia to advance and scale the licensed LPU technology.
- Groq will continue operating independently with CFO Simon Edwards stepping in as CEO, and GroqCloud will keep running without interruption.
- Financial terms were not disclosed, though multiple outlets reported an approximately $20 billion figure that remains unconfirmed by the companies.
- In an internal message reported by media, Jensen Huang said Nvidia plans to integrate Groq’s low‑latency processors into its AI factory to serve more inference and real‑time workloads.
- Analysts describe the arrangement as an acqui‑hire that broadens Nvidia beyond GPUs into inference ASICs and reduces regulatory risk through a non‑exclusive license.