Key Highlights
- Nvidia has licensed AI technology from Groq in a nonexclusive deal.
- Groq's CEO and some staff will join Nvidia as part of the agreement.
- The deal is expected to enhance Nvidia's capabilities in AI chip technology.
- Groq's latest funding round valued the startup at $6.9 billion.
- Nvidia's acquisition includes Groq's assets but excludes its cloud business.

