Home / Technology / Nvidia Reportedly Shells Out $20.6 Billion For Groq, CEO Jonathan Ross Says He’s Joining Rival Chip Giant Along With The Team

Nvidia Reportedly Shells Out $20.6 Billion For Groq, CEO Jonathan Ross Says He’s Joining Rival Chip Giant Along With The Team

Groq has licensed its inference technology to Nvidia for $20 billion in cash to boost AI performance worldwide. Groq will remain independent.

Groq announced a non-exclusive licensing agreement with Nvidia Corp. (NASDAQ:NVDA) for its inference technology on Wednesday, aiming to boost high-performance AI inference worldwide. The reportedly 20.6 billion cash deal highlights collaboration betw… [2156 chars]

Source: Benzinga | Published: 2025-12-25T01:12:22Z

Credit: Benzinga

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