The US Department of Justice is investigating whether the $20 billion licensing deal between Nvidia and AI chip startup Groq was deliberately designed to evade antitrust scrutiny. According to people familiar with the matter, regulators are reviewing a deal announced in December last year; under this deal, Nvidia obtained the right to use Groq technology. People familiar with the matter requested anonymity due to the confidential investigation involved. As part of this deal, Groq CEO Jonathan Ross and Chief Operating Officer Sunny Madra switched to Nvidia, but Groq itself maintained its status as an independent company. US congressmen later claimed that the deal was essentially an acquisition that killed competition.
Zhitongcaijing · 2d ago
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The US Department of Justice is investigating whether the $20 billion licensing deal between Nvidia and AI chip startup Groq was deliberately designed to evade antitrust scrutiny. According to people familiar with the matter, regulators are reviewing a deal announced in December last year; under this deal, Nvidia obtained the right to use Groq technology. People familiar with the matter requested anonymity due to the confidential investigation involved. As part of this deal, Groq CEO Jonathan Ross and Chief Operating Officer Sunny Madra switched to Nvidia, but Groq itself maintained its status as an independent company. US congressmen later claimed that the deal was essentially an acquisition that killed competition.
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