Nvidia has agreed to purchase assets from Groq, a designer of high-performance artificial intelligence accelerator chips, for $20 billion in cash, according to Alex Davis, CEO of Disruptive, which led Groq’s latest financing round. The deal, Nvidia’s largest to date, excludes Groq’s cloud business, which will continue operating independently. Groq’s founder and CEO Jonathan Ross, president Sunny Madra, and other senior leaders will join Nvidia to help scale the licensed technology, while finance chief Simon Edwards will become Groq’s new CEO. In a blog post, Groq confirmed a non-exclusive licensing agreement with Nvidia for its inference technology but did not disclose financial details. Nvidia CEO Jensen Huang told employees that the company plans to integrate Groq’s low-latency processors into its AI factory architecture to expand support for inference and real-time workloads. Nvidia’s CFO Colette Kress declined to comment on the transaction. The acquisition underscores Nvidia’s aggressive expansion in AI hardware and talent, following similar licensing and hiring deals with startups such as Enfabrica. Nvidia’s growing cash reserves have fueled major investments across the AI ecosystem, including partnerships with OpenAI, Intel, and CoreWeave. Groq, Inc. was founded in 2016 by former Google engineers to develop specialized AI inference chips called Language Processing Units (LPUs). The company grew rapidly through major funding rounds, key acquisitions, and global infrastructure expansion, including launching its GroqCloud platform.