Nvidia strikes $20B deal to license assets, hire executives from AI chip startup Groq
NvidiaNvidia(US:NVDA) Youtube·2025-12-26 17:21

Nvidia striking a $20 billion deal to licensed technology from the AI chip firm Gro GRQ and hire away some of its top executives. McKenzie Seagalos has more in today's tech check. Mac, >> hey Brian.So, Nvidia's dominance in AI chips is so big that the next moves are about locking in what comes after GPUs. Now, this Grock agreement, it brings over the founder, key leaders, and the company's IP. Three months ago, Grock raised at a $6.9% billion valuation.So, this is close to a 3x premium and by far Nvidia's l ...