NVIDIA LICENSES GROQ'S AI TECHNOLOGY AS DEMAND FOR CUTTING-EDGE CHIPS GROWS

Summary from the TLDR newsletter

Nvidia has signed a licensing deal with Groq for its AI-inferencing technology. Groq, founded in 2016, makes chips and software to run AI models. Its language processing unit chips are built for inference, the process that AI models use to generate content. The company's chips can be produced and deployed faster and use less power than GPUs.