NVIDIA agrees to license Groq inference technology and hire its leaders in a deal of about $20B

NVIDIA

Groq announced a non-exclusive licensing agreement giving NVIDIA its inference technology, with founder Jonathan Ross, president Sunny Madra and other staff joining NVIDIA. Groq remains independent under new CEO Simon Edwards, with GroqCloud continuing to operate.

• Groq licensed inference technology to NVIDIA on a non-exclusive basis.
• Founder Jonathan Ross and president Sunny Madra moved to NVIDIA to scale the technology.
• Groq stays independent with new CEO Simon Edwards and GroqCloud continuing operations.
• The deal value was not disclosed; the $20B figure is an estimate, not Groq's statement.