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Simon Edwards

Simon Edwards

Groq CFO, incoming CEO

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

New Capabilities

Taking over as CEO of independent Groq entity

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