US DOJ probes Nvidia-Groq $17B deal
The U.S. Department of Justice is investigating a $17 billion deal between Nvidia and the startup company Groq, aimed at ruling out the possibility that the deal was structured to avoid antitrust regulatory scrutiny. The investigation includes examining arrangements Nvidia made to obtain a non-exclusive license for AI chip technology, which was announced last December amid the involvement of senior officials from Groq. The inquiry began shortly after the announcement, and official requests for additional information have been sent, according to The New York Times.
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