tiprankstipranks
Advertisement
Advertisement

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.

Claim 30% Off TipRanks

Forget margin or options. Here's how the pros trade NVDA

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1