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Nvidia seals $20bn Groq deal as AI chip race accelerates
December 25th, 2025 - 08:54 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

Nvidia seals $20bn Groq deal as AI chip race accelerates

ALBAWABA- Nvidia announced its largest-ever acquisition, agreeing to buy assets from AI chip startup Groq for approximately $20 billion in cash, alongside a non-exclusive licensing agreement for Groq’s technology and the recruitment of key executives and engineers. The deal strengthens Nvidia’s position as demand for artificial intelligence hardware continues to surge worldwide. Founded in 2016 by former Google engineers, Groq specializes in high-speed, energy-efficient AI inference chips, designed to deliver ...
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Al Bawaba
April 13th, 2014 - 10:30 GMT

Lagging behind? Biggest challenge for UAE banks is customer service, official says

Al Bawaba
April 13th, 2014 - 10:00 GMT

Lookout iPod: Sony unveils latest Walkman in the Middle East

Al Bawaba
April 13th, 2014 - 02:55 GMT

Israel practicing economic aggression against Palestinians

Last week, Samsung had offered a brief preview of its plans, including an effort to downplay Apple's copycat claims by focusing on features it offered that Apple hadn't.
April 13th, 2014 - 02:55 GMT

Apple 'celebrates' the release of Samsung's Galaxy S5 by calling it a 'copy cat'

Christie was head of Apple's Human interface team whose aim was to make elegant and user-friendly softwares.
April 11th, 2014 - 04:24 GMT

Apple's "slide to unlock" mastermind to step down, and it's not looking amicable

Sony is advising consumers to quit using some of its VAIO laptop computers and unplug them, saying that it’s possible that its non-removable battery pack could overheat.
April 11th, 2014 - 04:06 GMT

Pulling a toyota? Sony to recall new Vaio laptops over "fire-safety issues"

Al Bawaba
April 11th, 2014 - 03:55 GMT

The usual collective punishment approach: Israel withholds tax revenues from Palestinians, in move described as 'privacy'

Al Bawaba
April 11th, 2014 - 02:55 GMT

Samsung Galaxy S5 sees the light in Saudi Arabia

Ezdan said the Qatar’s fiscal budget for the year 2014 – 2015 gave a “strong impetus” to the real estate sector in particular
April 11th, 2014 - 02:26 GMT

Add another boom to the region: Qatar's real estate sector grows 44%

In 2013, Dubai trade hit Dh1.392 trillion and was the major contributors to Dubai’s GDP
April 10th, 2014 - 09:55 GMT

Dubai’s foreign trade to leap to Dh4 trillion by hosting Expo 2020

Around 300,000 direct jobs will be created in the UAE by 2020
April 10th, 2014 - 08:55 GMT

Prosperous start for UAE universities, students ahead of Expo 2020

Al Bawaba
April 10th, 2014 - 07:55 GMT

Let's hope the sun will shine on first global solar flight to start and end in UAE

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