Nvidia Set to Acquire AI Chip Innovator Groq for $20 Billion
December 25, 2025 - 11:02
In a significant move within the tech industry, Nvidia has reached an agreement to acquire Groq, a company known for its cutting-edge artificial intelligence accelerator chips, for a staggering $20 billion in cash. This acquisition marks a strategic expansion for Nvidia as it seeks to bolster its capabilities in the rapidly evolving AI landscape.
According to reports, the deal encompasses all of Groq's assets; however, it does not include the company's emerging Groq cloud business. This detail was highlighted by Alex Davis, CEO of Disruptive, which played a pivotal role in Groq's latest financing round. The acquisition underscores Nvidia's commitment to enhancing its AI offerings and maintaining its competitive edge in the semiconductor market.
As of now, neither Nvidia nor Groq has provided comments regarding the transaction. The deal reflects the increasing demand for advanced AI technologies and positions Nvidia to further capitalize on this growing sector.
MORE NEWS
February 21, 2026 - 00:13
AI & Technology Virtual Investor Conference: Presentations Now Available for On-Demand ViewingPresentations from the recent AI & Technology Virtual Investor Conference are now available for on-demand viewing. The event, held on February 19th, featured company executives from across the...
February 20, 2026 - 02:11
Alabama Power's new technology aims to improve storm responseA new technological system is being implemented by Alabama Power with the goal of significantly improving the utility`s reaction to severe weather and widespread outages. The initiative, known as...
February 19, 2026 - 20:33
No Veteran Left Behind: Students Teach Technology, Build ConnectionsA powerful initiative is fostering intergenerational connection and essential skills by pairing university students with military veterans for technology tutoring. The program, a collaboration...
February 19, 2026 - 01:09
Proposed law would require local businesses to be transparent with biometric technologyA proposed local law in Monroe County would mandate that retail businesses be transparent with customers about their use of biometric technology. The legislation, introduced by Legislator Rachel...