Nvidia is about to acquire Groq? According to industry sources, this GPU giant plans to spend $20 billion to acquire AI chip startup Groq. If true, this will be Nvidia's largest acquisition in history.
Overview: Groq's most recent funding round was completed in September this year, raising $750 million, which was valued at $6.9 billion at the time. From funding to acquisition, only a few months have passed, and the speed is truly rapid.
From an industry perspective, Nvidia's ambition to develop an AI chip ecosystem is becoming increasingly evident. As a player in the AI chip race, Groq has its own technological expertise. If this deal is finalized, it will have a significant impact on the entire AI chip landscape.
However, the news has not yet been officially confirmed, so continued attention to subsequent developments is warranted.
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memecoin_therapy
· 2h ago
With 20 billion invested, Nvidia is aiming to monopolize the entire chip market. That's quite aggressive.
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Blockblind
· 12h ago
With 20 billion invested, Nvidia is aiming to monopolize the entire chip industry. That's quite aggressive.
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MetaMaximalist
· 12h ago
ngl, $200B for groq feels like nvidia's trying to consolidate the entire inference layer... but that valuation jump from $69B to whatever they're actually paying? that's some serious innovation arbitrage at play here. protocol sustainability gets compromised when you've got this kind of market consolidation tbh
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MysteriousZhang
· 12h ago
20 billion invested, this time Jensen Huang is really aiming to monopolize the entire chip industry. Groq hasn't even made a real splash yet and has been overtaken, which is a bit unfortunate.
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CascadingDipBuyer
· 12h ago
20 billion forcibly invested, President Huang is really about to monopolize again and again. Groq rose up and was eaten within just a few months, this pace is incredible.
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TradFiRefugee
· 12h ago
20 billion invested, is NVIDIA aiming to monopolize the entire chip industry?
It's another story where a company gets acquired just a few months after raising funds. Groq must have made a huge profit this time.
Wait, has the price tripled? From 6.9 billion to 20 billion, who gave such a fierce valuation?
All the official announcements are just clouds; we have to wait until the real confirmation is out.
If this continues, will other chip manufacturers still have a chance...
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HappyToBeDumped
· 12h ago
20 billion invested, is President Huang serious? Speaking of Groq, if this actually works out, with the valuation skyrocketing from 6.9 billion, the founders must be ecstatic.
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BearMarketSurvivor
· 12h ago
20 billion invested, NVIDIA really wants to monopolize the entire market... Groq was just funded and then acquired, the pace is ridiculously fast
Nvidia is about to acquire Groq? According to industry sources, this GPU giant plans to spend $20 billion to acquire AI chip startup Groq. If true, this will be Nvidia's largest acquisition in history.
Overview: Groq's most recent funding round was completed in September this year, raising $750 million, which was valued at $6.9 billion at the time. From funding to acquisition, only a few months have passed, and the speed is truly rapid.
From an industry perspective, Nvidia's ambition to develop an AI chip ecosystem is becoming increasingly evident. As a player in the AI chip race, Groq has its own technological expertise. If this deal is finalized, it will have a significant impact on the entire AI chip landscape.
However, the news has not yet been officially confirmed, so continued attention to subsequent developments is warranted.