Key Highlights
- Nvidia's acquisition of Groq is valued at $20 billion, making it the largest in the company's history.
- The deal excludes Groq's cloud business, which will continue operating independently.
- Nvidia plans to license Groq's technology and hire its top executives.
- This acquisition follows Nvidia's previous significant purchase of Mellanox for nearly $7 billion in 2019.
- Nvidia has shown intentions to invest up to $100 billion in OpenAI, although no formal deal has been made.
