Nvidia Reportedly Secures $20 Billion Licensing Deal with AI Startup Groq
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Nvidia Reportedly Secures $20 Billion Licensing Deal with AI Startup Groq

Nvidia has reportedly agreed to a non-exclusive licensing deal with Groq worth approximately $20 billion. Of this amount, about $13 billion has already been transferred, with the remainder to follow. The total value includes stock packages for Groq employees joining Nvidia, including founder Ross, whose stake is valued at around $2 billion. Other investors like Disruptive, Social Capital, BlackRock, and 1789 Capital are also expected to see significant returns from the agreement.

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