Nvidia makes its biggest purchase ever

According to CNBC, Nvidia has agreed to pay about 20billionincashforGroq,aspecialistinAIacceleratorchipsusedtopowerinferencethestagewheretrainedAImodelsactuallyanswerquestions,generatetext,ordriverealtimeapplications.AlexDavis,CEOofinvestmentfirmDisruptive,whichledGroqslatestfinancinground,toldCNBCthatthedealcametogetherquickly,monthsafterGroqraised20 billion in cash for Groq, a specialist in AI accelerator chips used to power inference—the stage where trained AI models actually answer questions, generate text, or drive real-time applications. Alex Davis, CEO of investment firm Disruptive, which led Groq’s latest financing round, told CNBC that the deal came together quickly, months after Groq raised 750 million at a valuation of roughly 6.9billion.Disruptivehasinvestedmorethan6.9 billion. Disruptive has invested more than 500 million ...