Nvidia Strikes Tech-and-Talent Deal With AI Startup Groq to Run AI at Scale

Nvidia has struck a non-exclusive technology licensing and talent deal with artificial intelligence (AI) startup Groq, a move aimed at strengthening its position as competition intensifies in the market for running AI systems at scale.
Under the agreement, announced by Groq on Dec. 24, Nvidia will license Groq’s AI technology and hire several of the startup’s top leaders and engineers. Groq founder Jonathan Ross, President Sunny Madra, and other members of the company’s technical team will join Nvidia to help advance and scale the licensed technology.
“The agreement reflects a shared focus on expanding access to high-performance, low cost inference,” Groq said in the announcement….