Nvidia and Groq sign AI chip licensing deal amid $20B rumors

Groq announced on December 24, 2025 that it has entered a non-exclusive licensing agreement for its AI inference technology with Nvidia, and that founder Jonathan Ross and other leaders will join Nvidia. On December 25, 2025, Reuters and other outlets reported the deal as a major AI ‘acquihire’, while CNBC-linked reports continue to suggest Nvidia is paying around $20 billion for Groq’s assets, a figure neither company has confirmed.