By Valida Pau
Publication Date: 2025-12-24 22:36:00
AI chip startup Groq said Wednesday that it entered an agreement with Nvidia where the chipmaker would license its technology.
Terms of the transaction weren’t disclosed, but CNBC reported that Nvidia is paying $20 billion in cash for Groq’s assets. Groq said in a blog post that it will continue to operate as an independent company and its cloud business remains in operation. Groq founder and
