Nvidia has signed a non-exclusive licensing agreement with AI chip competitor Groq.As part of the deal, Nvidia will hire Groq founder Jonathan Ross, president Sunny Madra, and several other employees, Tech Crunch reported Wednesday (24/12).
Despite acquiring Groq's assets for US$20 billion (Rp. 334.5 trillion), Nvidia said that this was not a corporate acquisition and did not comment on the scope of the deal.
But if these figures are correct, the purchase would be the largest in Nvidia's history, and with Groq on its side, Nvidia is predicted to become even more dominant in the chip manufacturing industry.
As tech companies race to strengthen AI capabilities, they need computing power, and Nvidia GPUs have become the industry standard.
But Groq developed a different type of chip called an LPU (language processing unit), which it claims can run LLM 10 times faster and use only one-fifth the energy.
Groq CEO Jonathan Ross is known for his innovation, having helped create the TPU (tensor processing unit), a specialized AI accelerator chip, while at Google.
In September, Groq raised US$750 million (Rp12.5 trillion) at a valuation of US$6.9 billion (Rp115.4 trillion). The company's growth has been rapid and significant, with Groq claiming its technology is used by more than 2 million developers, up from around 356,000 a year ago.
