Overview
- Groq confirmed a non‑exclusive license of its inference technology to Nvidia and said founder Jonathan Ross, president Sunny Madra and other team members will join Nvidia to help scale the tech.
- CNBC, citing investor Alex Davis, reported Nvidia agreed to a roughly $20 billion cash transaction for Groq’s assets, while other outlets reported no full sale, leaving the deal structure in dispute.
- Groq stated it will continue operating independently with Simon Edwards as CEO and that its GroqCloud service is excluded from the arrangement and will continue without interruption.
- The move extends Nvidia’s push from training GPUs into large‑scale, low‑latency inference, with reports saying Jensen Huang told employees he plans to integrate Groq’s processors into Nvidia’s AI factory architecture.
- If the $20 billion figure is accurate, it would be Nvidia’s largest deal to date and is expected to draw antitrust scrutiny, following Groq’s recent $750 million raise at a ~$6.9 billion valuation from investors including BlackRock, Neuberger Berman, Samsung, Cisco, Altimeter and 1789 Capital.