Nvidia to buy AI chip startup Groq for $20 billion, CNBC reports [Yahoo! Finance]
NVIDIA Corporation (NVDA)
Last nvidia corporation earnings: 2/13 04:20 pm
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Source: Yahoo! Finance
While the acquisition includes ?all ?of Groq's assets, its nascent Groq cloud ?business is not part of the transaction, the report ?said, citing Alex ?Davis, CEO of Disruptive, which led the startup's latest financing round. Groq is expected to alert its ?investors about ?the deal later ?in the day, CNBC reported. Nvidia and Groq ?did ?not immediately respond to Reuters request for comments. (Reporting ?by Harshita Mary Varghese ?in Bengaluru; Editing by ?Shailesh Kuber)
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NVDA
News
- Exclusive: Nvidia buying AI chip startup Groq's assets for about $20 billion in largest deal on record [MSNBC.com]MSNBC.com
- Nvidia to licence Groq technology, hire executives [BNN Bloomberg (Canada)]BNN Bloomberg
- Nvidia Is Breaking Out, Don't Get Left Behind [Seeking Alpha]Seeking Alpha
- Nvidia pays a reported $20 billion for most of the AI chip startup Groq. [Verge, The]Verge, The
- Nvidia acquires AI chip challenger Groq for $20B, report says [Yahoo! Finance]Yahoo! Finance
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