Nvidia's $20 billion Groq deal queried by senators Elizabeth Warren, Richard Blumenthal

Senators In their letter, the senators wrote, “We are concerned that this takeover could stifle competition, further entrenching Nvidia’s dominance in the The senators are asking for the specific terms of the Groq deal, in addition to whether it was structured to avoid antitrust review. A Nvidia spokesperson said in a statement that the company “did not acquire Groq, which continues to be a separate and independent business.”“Nvidia purchased a non-exclusive license to Groq’s IP and hired engineering talent ...