Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in largest deal on record

In a seismic shift for the semiconductor industry, computing titan Nvidia has entered into a definitive agreement to acquire key assets from Groq, a specialized AI chip startup founded in 2015. The transaction, valued at approximately $20 billion, represents the most significant acquisition in Nvidia’s history and signals a major consolidation of power within the…

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The AI Arms Race Escalates: Nvidia’s $20 Billion Gambit to Secure the Next Generation of Computing

Introduction In a seismic move that reshapes the technological landscape, industry titan Nvidia has executed its most audacious acquisition to date. Sources confirm the GPU behemoth is finalizing a landmark deal to acquire key assets from AI chip innovator Groq for a staggering $20 billion. This transaction, the largest in Nvidia’s history, signals a strategic…

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