Nvidia has agreed to a strategic partnership with Groq, a startup that develops processors to accelerate neural networks. As part of the $20 billion deal, Nvidia received a license to use Groq's technology and also purchased key assets from the company, according to a CNBC report.
Under the terms of the deal, Nvidia has access to all of Groq's development operations except for the GroqCloud cloud platform. Additionally, the startup's founder, Jonathan Ross, and part of the management team will join the Nvidia structure. At the same time, Groq itself will continue to exist as an independent business – the company emphasizes that this is a licensing agreement and not a complete takeover.
Jonathan Ross previously held leadership positions at Google and was involved in the creation of the Tensor Processor TPU. He founded Groq in 2016, and in September 2025, the startup raised $750 million in funding at a valuation of $6.9 billion.
This is the largest deal in Nvidia history. Previously, this record was held by the acquisition of Israeli network solutions developer Mellanox in 2019 for nearly 7 billion USD.
Nvidia previously released GeForce hotfix drivers to fix visual issues.
