Nvidia Absorbs Another Rival for $20B, Boosting Decentralized AI
nvidia earnings report, ai tokens. Photo by BeInCrypto NVIDIA has agreed to pay approximately $20 billion to acquire assets from artificial intelligence chip startup Groq, marking the company's largest transaction on record and continuing its strategy of absorbing potential competitors before they can challenge its market dominance. The chipmaker's latest licensing deal mirrors a similar transaction just three months ago, reinforcing the narrative that decentralized AI infrastructure may offer the only al ...