Nvidia’s Biggest Acquisition Ever: $20B Groq AI Chip Assets Deal Explained The Strategic Acquisition of Groq In an unprecedented move, Nvidia has entered into a $20 billion deal to acquire assets from Groq, a cutting-edge designer of AI accelerator chips. This acquisition not only represents Nvidia's largest purchase to date, but it also underscores the increasing demand for high-performance AI technologies. The purchase comes after Groq's recent funding round, where it raised substantial $750 million at a valuation of $6.9 billion. Investors such as Blackrock, Samsung, and Cisco, among others, recognized Groq's potential in the AI market. As a component of the deal, Groq has confirmed it will continue its operations as an independent company, signaling a strategic integration rather than a full acquisition. Understanding the Technology Behind Groq's AI Chips Groq specializes in designing chips specifically tailored for artificial intelligence applications. Their architecture is primarily focused on low-latency processing capabilities, which a…
