DOJ probes Nvidia’s licensing deal with AI startup Groq

The U.S. Justice Department is investigating whether Nvidia structured its licensing deal with AI chip startup Groq to avoid antitrust scrutiny, the New York Times reported on Wednesday, citing two ‌people familiar ⁠with ⁠the matter.

Nvidia announced a $17 billion deal with Groq ​last year for a “non-exclusive license” to the startup’s chip ​technology and hired several of its executives, including founder Jonathan Ross.

The Justice Department opened ​its investigation into the ⁠arrangement shortly ‌after it was announced in ​December ​and has sent Nvidia a formal ⁠request for information, according to the NYT ​report.

Read more

You may also like

Comments are closed.

More in IT