ReferIndia News Nvidia Licenses Groq AI Technology and Hires CEO in Major Big Tech Deal

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Nvidia Licenses Groq AI Technology and Hires CEO in Major Big Tech Deal

Published on: Dec. 26, 2025, 7:52 a.m. | Source: scanx.trade

Nvidia has licensed chip technology from AI startup Groq and hired key executives including CEO Jonathan Ross in a deal reportedly worth $20 billion. The agreement follows Big Tech's pattern of acquiring talent and technology without formal acquisitions, as Nvidia strengthens its position in the competitive AI inference market against rivals like AMD and Cerebras Systems.

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