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#Groq

Articles tagged Groq.

Groq Shareholder Lawsuit: What Ex-Engineers Allege About Nvidia's $20 Billion Deal
Startups & Funding

Groq Shareholder Lawsuit: What Ex-Engineers Allege About Nvidia's $20 Billion Deal

Two former Groq engineers sued the company's board in Delaware, alleging the $20 billion license-and-hire arrangement with Nvidia skipped a required stockholder vote and shortchanged common holders. Groq calls the suit meritless.

Jordan Beck
The DOJ Is Probing Whether Nvidia Built the Groq Deal to Dodge Merger Review
Policy & Regulation

The DOJ Is Probing Whether Nvidia Built the Groq Deal to Dodge Merger Review

The Justice Department sent Nvidia a formal demand for information about its roughly $20 billion Groq licensing deal, examining whether it was structured to avoid antitrust review. The probe lands while Nvidia's Hugging Face acquisition heads into the conventional review Groq skipped.

Sam Whitaker
Nvidia Signed the Hugging Face Deal, and This Is the One That Has to Clear Antitrust
AI & ML

Nvidia Signed the Hugging Face Deal, and This Is the One That Has to Clear Antitrust

Nvidia and Hugging Face entered a definitive merger agreement on September 2 valued at $12,930,300,000, with roughly $11.9 billion to stockholders and up to $1 billion in retention equity. It closes in the first half of 2027 and is the largest deal Nvidia has ever put through conventional merger review.

Maya Iverson