Pull to refresh
Logo
Daily Brief
Following
Why Ranks Sign Up
Donald Trump Jr.

Donald Trump Jr.

Partner at 1789 Capital

Appears in 1 story

Stories

Nvidia's $20 billion Groq deal: the AI inference land grab

New Capabilities

Investor in Groq via 1789 Capital; stands to profit from Nvidia deal

On Christmas Eve 2025, Nvidia paid $20 billion for Groq's assets—nearly triple the AI chip startup's $6.9 billion valuation from three months earlier. The deal brings Groq's founder Jonathan Ross, who created Google's original Tensor Processing Unit, and his breakthrough inference technology into Nvidia's fold. It's Nvidia's largest acquisition ever, nearly three times bigger than its $7 billion Mellanox purchase.

Updated 1 hour ago