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  • Nvidia Buys Groq AI Assets for $20 Billion in Major Chip Industry Deal

Tag: Nvidia Buys Groq AI Assets for $20 Billion in Major Chip Industry Deal

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Inside Nvidia’s Biggest AI Deal: $20 Billion Groq Asset Acquisition Explained

Author3 weeks ago3 weeks ago05 mins

Nvidia has struck one of the largest deals in the artificial intelligence industry, agreeing to acquire key assets from AI chip startup Groq in a $20 billion all-cash transaction, according to a CNBC report. The agreement marks a major strategic move by Nvidia as it looks to strengthen its dominance in AI inference and accelerator…

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