Nvidia, Groq enter non-exclusive inference technology licensing agreement

Groq announced that it has entered into a non-exclusive licensing agreement with Nvidia (NVDA) for Groq’s inference technology. “The agreement reflects a shared focus on expanding access to high-performance, low cost inference. As part of this agreement, Jonathan Ross, Groq’s Founder, Sunny Madra, Groq’s President, and other members of the Groq team will join Nvidia to help advance and scale the licensed technology. Groq will continue to operate as an independent company with Simon Edwards stepping into the role of Chief Executive Officer. GroqCloud will continue to operate without interruption,” the company stated.