Nvidia's "Aqui-Hire" of Groq Eliminates a Potential Competitor and Marks Its Entrance Into the Non-GPU, AI Inference Chip Space
This smart move by Nvidia accomplishes two goals at once: it eliminates a potential competitor and obtains a new chip technology to offer its customers.On Friday, artificial intelligence (AI) chip start-up Groq announced via a very brief press release that it "has entered into a non-exclusive licensing agreement with Nvidia (NVDA +1.09%) for Groq's inference technology."The deal also includes Jonathan Ross, Groq's founder and CEO, Sunny Madra, Groq's president, and other members of the Groq team joining Nvi ...