Nvidia Buys Groq for $20B in AI Chip Deal
Update: 2025-12-24
Description
Nvidias $20B Acquisition of Groq: A Game-Changer in AI HardwareNvidia has agreed to buy Groq, a startup known for its high-performance AI accelerator chips, for $20 billion in cash. This deal, first reported by CNBC, excludes Groqs cloud business. The acquisition signals fierce competition in AI hardware and potential consolidation as AI demand surges.
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