Nvidia's $20B Groq Acquisition: AI Chip War Heats Up

Nvidias Massive AI Chip Acquisition: A New Era in AI AccelerationNvidia is set to acquire Groq, a startup founded by former Google engineers, for a record-breaking $20 billion. This deal surpasses Nvidias previous acquisition of Mellanox and positions Nvidia as a dominant player in the AI chip market. Groq, known for its AI chips that speed up tasks like large language models, was not actively seeking a buyer when Nvidia approached them. The acquisition could reshape competition in AI accelerators as the industry continues to grow.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.