Rumors had been circulating that NVIDIA was set to acquire AI chipmaker Groq in a deal valued at around $20 billion. However, NVIDIA has issued a response, clarifying that it has not acquired Groq. Instead, the tech giant has secured a non-exclusive license to utilize Groq's intellectual property and has recruited top-notch engineering talent from Groq's ranks. The collaboration between the two entities aims to jointly deliver cutting-edge accelerated computing technology. Notably, Groq will maintain its status as an independent entity, continuing its operations without being subsumed into NVIDIA.
