NVIDIA and Groq

NVIDIA spends 20 billion in cash for Groq a specialized inference chip maker, founded by a former Google TPU designer.

https://groq.com/
https://www.cnbc.com/2025/12/24/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html
https://www.reuters.com/business/nvidia-buy-ai-chip-startup-groq-about-20-billion-cnbc-reports-2025-12-24/

What they spend the 20 billion on: https://groq.com/newsroom/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale