All articles tagged with #inference technology
Nvidia has entered into a licensing agreement with AI chip startup Groq, which includes hiring key Groq personnel, in a move that resembles an 'acqui-hire' valued at around $20 billion. This deal eliminates a potential competitor and grants Nvidia access to Groq's inference technology, strengthening its position in the AI inference chip market amid growing competition and supply chain diversification efforts.
Groq, an AI semiconductor startup backed by Samsung and Cisco, has opened its first European data center in Helsinki, Finland, in partnership with Equinix, to expand its international presence and capitalize on rising AI demand in Europe. The company designs a chip called a language processing unit (LPU) optimized for inference tasks, offering a supply chain advantage over Nvidia, which dominates training chips. Groq aims to quickly deploy its technology and serve high-volume, low-margin inference workloads, positioning itself as a competitive alternative in the AI chip market.