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Keyword: groq
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Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in largest deal on record
Nvidia has agreed to buy assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, which led the startup’s latest financing round in September. Davis, whose firm has invested more than half a billion dollars in Groq since the company was founded in 2016, said the deal came together quickly. Groq raised $750 million at a valuation of about $6.9 billion three months ago. Investors in the round included Blackrock and Neuberger Berman, as well as Samsung, Cisco , Altimeter and 1789 Capital, where Donald Trump Jr....
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Breaking News (News/Activism)
- FReeper Canteen ~ MERRY CHRISTMAS ~ 25 December 2025
- Sunday Morning Talk Show Thread 21 December 2025
- HOLY MOLY!! We have only 8 days remaining of the quarter, and approximately $12k to go. Thank you to all who have already donated, but we really need a lot more help folks. [FReepathon]
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- Sunday Morning Talk Show Thread 14 December 2025
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