Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $2,315
2%  
Woo hoo!! And we're now over 2%!! Thank you all very much!! God bless.

Keyword: groq

Brevity: Headers | « Text »
  • Exclusive: Nvidia buying AI chip startup Groq’s assets for about $20 billion in largest deal on record

    12/24/2025 10:01:09 PM PST · by SeekAndFind · 8 replies
    CNBC ^ | 12/24/2025 | David Faber
    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....