Nvidia signs non-exclusive licensing agreement with Groq to accelerate AI workloads. Nvidia to hire Groq founder and employees. CNBC reports Nvidia acquiring Groq assets for $20 billion, not the company itself. Groq’s LPU chip claims to run LLMs 10 times faster and with one-tenth the energy. Groq raised $750 million at $6.9 billion valuation, powering AI apps for over 2 million developers.

Read more at Yahoo Finance: Nvidia to license AI chip challenger Groq’s tech and hire its CEO