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NVIDIA GROQ DEAL
Groq targets $650 million fundraise after Nvidia licensing deal: ReportGroq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concent...- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Nvidia's outlook will be a test of its strategy to maintain AI dominanceNvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a mark...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- Nvidia's $20 billion Groq deal queried by senators Elizabeth Warren, Richard BlumenthalTwo Democratic senators are probing Nvidia Corp.’s $20 billion licensing deal with AI startup Groq over possible antitrust concerns. Elizab...
- Nvidia to sell 1 million chips to Amazon by end of 2027 in cloud dealNvidia and Amazon Web Services said this week that AWS had reached a deal to buy its 1 million GPUs but had not disclosed the precise tim...
- Nvidia sales opportunity for Blackwell, Rubin chips more than $1 trillion by 2027Blackwell and Rubin are Nvidia's flagship AI chips and capable of building the large language models that underpin chatbots such as OpenAI'...
- Nvidia restarting manufacturing of China AI chip variant, CEO saysThe company had halted production last year of its H200 chip, which is based on its aging Hopper technology, because of increasing regula...
- Nvidia eyes $1 trillion in revenue through 2027: What's driving this growth?This signals Huang's confidence that Nvidia will remain the biggest company in the market for AI chips even as competition grows. Investors...
- Cerebras Systems, Amazon strike deal to offer AI chips on AWS cloudAmazon Web Services and Cerebras Systems have joined forces. They will combine their computing chips in a new service. This service aims to...
- From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsMajor technology companies are investing billions in artificial intelligence, cloud computing, and chip manufacturing. These significant de...
- Nvidia plans new chip to speed AI processing: WSJNvidia plans to launch a new processor to help OpenAI and other clients run AI systems faster and more efficiently. The chip is for “infere...
- Chip startup Taalas raises $169 million to help build AI chips to take on NvidiaToronto-based chip startup Taalas said on Thursday it had raised $169 million and said it has developed a chip capable of running artificia...
- Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova: ReportPrivate equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup Samb...
- OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources sayThe ChatGPT-maker's shift in strategy, the details of which are first reported here, is over an increasing emphasis on chips used to perfo...
- Dow Jones Today: Why is Dow down today as the US stock market paused after record highs?Dow Jones Today: U.S. stock market experienced a slight retreat on Friday, December 26, as the initial euphoria of the "Santa Claus rally" ...
- From OpenAI to Nvidia, firms channel billions into AI infrastructure as demand boomsNvidia has agreed to license technology from AI startup Groq for use in some of its artificial intelligence chips, marking the chipmaker's ...
- Chip startup Groq’s Jonathan Ross will do ‘incredible things’ at Nvidia: Social Capital CEO Chamath PalihapitiyaChip giant Nvidia has acquired assets and talent from AI startup Groq for $20 billion. This deal brings Groq's specialized inference chip t...
- Nvidia agrees to buy chip startup Groq's assets for $20 billion: ReportsUnder the arrangement, Groq founder and CEO Jonathan Ross, who was with Google's Tensor Processing Unit, will join Nvidia along with presid...
- Nvidia, joining Big Tech deal spree, to license Groq technology, hire executivesNvidia has licensed chip technology from startup Groq and hired its CEO, a former Google AI veteran. This deal follows a trend of tech gian...
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