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Stockreport

In a new deal, Nvidia hires Groq's top engineering talent, including its founder, who built AI chips at Google [Business Insider]

NVIDIA Corporation (NVDA)  More Company Research Source: Business Insider
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Nvidia licensed Groq's AI inference technology and hired key engineers. Groq will continue to operate independently after the non-exclusive licensing agreement. Silicon Valley sees more deals where top AI talent and technology are acqui-hired. Nvidia is investing more in the AI boom with new hires from and a licensing deal with AI hardware startup Groq. Groq confirmed in a blog post on Wednesday that it has "entered into a non-exclusive licensing agreement with Nvidia for Groq's inference technology" and said the company will continue to operate independently. The startups is known for its Language Processing Unit, which is a custom chip designed for AI inference, namely, the process by which a trained AI model makes predictions or decisions. Groq was valued at about $6.9 billion as of three months ago and raised around $750 million in it [Read more]
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Stockreport

In a new deal, Nvidia hires Groq's top engineering talent, including its founder, who built AI chips at Google [Business Insider]

NVIDIA Corporation  (NVDA) 
More Company Research Source: Business Insider
Last nvidia corporation earnings: 2/13 04:20 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in Nvidia licensed Groq's AI inference technology and hired key engineers. Groq will continue to operate independently after the non-exclusive licensing agreement. Silicon Valley sees more deals where top AI talent and technology are acqui-hired. Nvidia is investing more in the AI boom with new hires from and a licensing deal with AI hardware startup Groq. Groq confirmed in a blog post on Wednesday that it has "entered into a non-exclusive licensing agreement with Nvidia for Groq's inference technology" and said the company will continue to operate independently. The startups is known for its Language Processing Unit, which is a custom chip designed for AI inference, namely, the process by which a trained AI model makes predictions or decisions. Groq was valued at about $6.9 billion as of three months ago and raised around $750 million in it [Read more]
IMPACT SNAPSHOT
EVENT TIME:
NVDA
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS