Overview
- Groq said it signed a non‑exclusive licensing agreement with Nvidia for its AI inference technology and will continue operating independently.
- Founder Jonathan Ross, president Sunny Madra and other engineers will join Nvidia to help advance and scale the licensed technology.
- GroqCloud is excluded from the arrangement and will keep running, with Simon Edwards taking over as chief executive.
- CNBC reported a roughly $20 billion cash acquisition, a claim neither company confirmed and that other outlets and sources disputed.
- Nvidia CEO Jensen Huang told employees the company plans to integrate Groq’s low‑latency processors into its AI factory architecture to broaden real‑time and inference workloads.