{"id":202106,"date":"2025-12-26T02:41:10","date_gmt":"2025-12-26T02:41:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/202106\/"},"modified":"2025-12-26T02:41:10","modified_gmt":"2025-12-26T02:41:10","slug":"nvidia-makes-its-largest-ever-purchase-with-groq-agreement","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/202106\/","title":{"rendered":"Nvidia makes its largest-ever purchase with Groq agreement"},"content":{"rendered":"<p>Groq, an <a href=\"https:\/\/mashable.com\/category\/artificial-intelligence\" target=\"_blank\" data-ga-click=\"1\" data-ga-label=\"$text\" data-ga-item=\"text-link\" data-ga-module=\"content_body\" rel=\"nofollow noopener\">AI<\/a> chip startup, entered into an agreement with <a href=\"https:\/\/mashable.com\/category\/nvidia\" target=\"_blank\" data-ga-click=\"1\" data-ga-label=\"$text\" data-ga-item=\"text-link\" data-ga-module=\"content_body\" rel=\"nofollow noopener\">Nvidia<\/a> to help &#8220;advance and scale&#8221; Groq&#8217;s tech. <\/p>\n<p>&#8220;As part of this agreement, Jonathan Ross, Groq\u2019s Founder, Sunny Madra, Groq\u2019s President, and other members of the Groq team will join Nvidia to help advance and scale the licensed technology,&#8221; <a href=\"https:\/\/groq.com\/newsroom\/groq-and-nvidia-enter-non-exclusive-inference-technology-licensing-agreement-to-accelerate-ai-inference-at-global-scale\" target=\"_blank\" data-ga-click=\"1\" data-ga-label=\"$text\" data-ga-item=\"text-link\" data-ga-module=\"content_body\" title=\"(opens in a new window)\" rel=\"nofollow noopener\">Groq announced in a blog post on Wednesday<\/a>. &#8220;Groq will continue to operate as an independent company with Simon Edwards stepping into the role of Chief Executive Officer. GroqCloud will continue to operate without interruption.&#8221;<\/p>\n<p>The deal was <a href=\"https:\/\/www.cnbc.com\/2025\/12\/24\/nvidia-buying-ai-chip-startup-groq-for-about-20-billion-biggest-deal.html\" target=\"_blank\" data-ga-click=\"1\" data-ga-label=\"$text\" data-ga-item=\"text-link\" data-ga-module=\"content_body\" title=\"(opens in a new window)\" rel=\"nofollow noopener\">first reported as an exclusive with CNBC<\/a> on Wednesday. Alex Davis, the CEO of Disruptive, the company that led Groq&#8217;s latest financing round, said Nvidia has agreed to buy Groq&#8217;s assets for $20 billion in cash, the news outlet reported.<\/p>\n<p>Davis&#8217;s firm has invested more than half a billion dollars in Groq over the past nine years, CNBC reported. <\/p>\n<p>\n            Mashable Light Speed\n        <\/p>\n<p>&#8220;We plan to integrate Groq\u2019s low-latency processors into the NVIDIA AI factory architecture, extending the platform to serve an even broader range of AI inference and real-time workloads,&#8221; Nvidia CEO Jensen Huang wrote in an email obtained by CNBC.<\/p>\n<p>This is Nvidia\u2019s largest deal ever, according to CNBC.<\/p>\n<p>The company, which produces GPU chips that power many AI models, has reported surging revenues this year. Nvidia made $57 billion in revenue during the third quarter of 2025, a whopping $2 million more than Wall Street analysts expected, <a href=\"https:\/\/mashable.com\/article\/nvidia-earnings-bubble\" target=\"_blank\" data-ga-click=\"1\" data-ga-label=\"$text\" data-ga-item=\"text-link\" data-ga-module=\"content_body\" rel=\"nofollow noopener\">Mashable&#8217;s Chris Taylor reported in November<\/a>. The fourth quarter of 2025 is predicted to be even better for the company.<\/p>\n<p>&#8220;Sales are off the charts,&#8221; Huang said of the company&#8217;s Blackwell chips at the time. &#8220;Cloud GPUs are sold out.&#8221; <\/p>\n<p>\n        Topics<br \/>\n                    <a class=\"underline-link hover:no-underline text-secondary-300 mr-1.5\" href=\"https:\/\/mashable.com\/category\/artificial-intelligence\" aria-label=\"Navigate to the Artificial Intelligence tag\" data-ga-click=\"\" data-ga-label=\"$text\" rel=\"nofollow noopener\" target=\"_blank\">Artificial Intelligence<\/a><br \/>\n                    <a class=\"underline-link hover:no-underline text-secondary-300 \" href=\"https:\/\/mashable.com\/category\/nvidia\" aria-label=\"Navigate to the Nvidia tag\" data-ga-click=\"\" data-ga-label=\"$text\" rel=\"nofollow noopener\" target=\"_blank\">Nvidia<\/a>\n            <\/p>\n","protected":false},"excerpt":{"rendered":"Groq, an AI chip startup, entered into an agreement with Nvidia to help &#8220;advance and scale&#8221; Groq&#8217;s tech.&hellip;\n","protected":false},"author":2,"featured_media":202107,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[365,363,364,111,139,69,145],"class_list":["post-202106","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-artificial-intelligence","tag-artificialintelligence","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/202106","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=202106"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/202106\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/202107"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=202106"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=202106"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=202106"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}