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Nvidia's Groq deal: Acquisition, acquihire or creative licensing deal?
Groq announced it has entered a non-exclusive licensing agreement with Nvidia for Groq's inference technology. Groq CEO Jonathan Ross and team will join Nvidia, but Groq will operate independently with GroqCloud.
News of a licensing deal landed as CNBC reported that Nvidia was buying Groq.
CNBC reported that Nvidia is acquiring Groq for $20 billion. CNBC's David Faber cited Groq investor Alex Davis, CEO of Disruptive, has his primary source. Groq, founded in 2016, had a valuation pushing $7 billion.
Groq’s secret sauce is a processor it calls the LPU (language processing unit). ‘The LPU integrates hundreds of MB of SRAM as primary weight storage (not cache), cutting latency and feeding compute units at full speed. This enables efficient tensor parallelism across chips, a practical advantage for fast, scalable inference,” said Groq. Groq's LPU is designed specifically for efficient AI inference.
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Nvidia has agreed to buying AI chip startup Groq for about $20 billion – CNBC
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