tech
December 24, 2025
Nvidia to license AI chip challenger Groq's tech and hire its CEO
With Groq on its side, Nvidia is poised to become even more dominant in chip manufacturing.
TL;DR
- Nvidia has a non-exclusive licensing agreement with AI chip competitor Groq.
- Nvidia will hire Groq founder Jonathan Ross, president Sunny Madra, and other employees.
- CNBC reported Nvidia is acquiring Groq assets for $20 billion; Nvidia did not confirm this or the scope of the deal.
- Groq develops LPU chips designed to run LLMs faster and with less energy than GPUs.
- Groq recently raised $750 million at a $6.9 billion valuation and powers over 2 million developers' AI apps.
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