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Jai Hamid

Nvidia’s $20 Billion Groq Licensing Deal Reshapes AI Strategy Without Formal Acquisition

Nvidia has committed $20 billion in cash to license Groq’s technology and hire its top executives, while publicly avoiding the term acquisition. Key leaders including Groq’s CEO Jonathan Ross will move to Nvidia, and Groq will continue operating as an independent company under CFO Simon Edwards. Analysts say the non-exclusive license structure mirrors other Big Tech AI talent deals, helping Nvidia move quickly while limiting antitrust scrutiny.