Overview
- Groq announced a non‑exclusive licensing agreement with Nvidia for its inference technology, with founder Jonathan Ross, president Sunny Madra, and other employees moving to Nvidia.
- Groq will continue operating independently under new CEO Simon Edwards, and the GroqCloud inference service will keep running without interruption.
- Multiple outlets report the arrangement near $20 billion with sizable upfront and staged 2026 payouts to shareholders and employees, though the companies have not disclosed financial terms.
- In an internal note reported by CNBC, Nvidia CEO Jensen Huang said the company plans to integrate Groq’s low‑latency processors into its NVIDIA AI factory architecture to expand real‑time inference offerings.
- Industry analysts describe the deal as an acquisition‑like acquihire that underscores inference as the next competitive front in AI deployment economics.