Nvidia hired all their top personnel and paid $20B to license their technology, but stopped short of actually acquiring the company. Very similar to how Google didn't buy Windsurf.

I assume it's more about what Groq had that Nvidia didn't want, which was competition (in inference hardware).

I'll just make note here for anyone else confused that Groq and Grok are distinct entities. They just have similar names.

Groq is more of a hardware focused company.

Nvidia losses 200+ billions on recent weeks because Google TPU actually good and market realize that Nvidia have no "moat"

this is just panic buying to make stronger foothold

A chip dedicated to inferencing that's better than their GPUs.