CoinWorld reported on December 25 that, according to CNBC, Nvidia has agreed to acquire all assets of AI chip startup Groq for approximately $20 billion in cash (excluding its GroqCloud business), making it its largest acquisition to date. Groq was founded by core developers of Google's TPU, focusing on low-latency AI inference chips. Although Groq claims that the agreement with Nvidia is a 'non-exclusive technology licensing agreement,' its founder and CEO Jonathan Ross and the executive team will join Nvidia, and Groq will be led by CFO Simon Edwards as the new CEO while continuing to operate independently. Nvidia emphasized that it did not fully acquire Groq but is integrating its low-latency processor architecture into its AI platform.