After Nvidia’s $20B not-acqui-hire deal, AI chipmaker Groq confirms $650M raise, re-staffs

Corroborated by 2 sources from 2 publishers

globaltech15h ago

TL;DR

Groq Raises $650 Million to Aid in Pivot After Nvidia Deal What does an AI company do after one of those not-acqui-hire deals, where a rival pays investors a hefty IP “licensing” fee while poaching its critical talent.

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