Overview
- Nvidia obtained rights to use Groq’s technology and plans to integrate the startup’s chip design into future products.
- Jonathan Ross and several senior Groq executives will move to Nvidia to help implement the licensed technology.
- Groq says it will appoint a new CEO and continue operating its outsourced compute data-center business as an independent company.
- The companies did not disclose financial terms, though CNBC has reported an unconfirmed figure of about $20 billion.
- Nvidia says Groq’s low-latency architecture delivers very fast input response that will add new capabilities and bolster its inference-compute strategy.