The DOJ sent Nvidia a formal document demand over the Groq deal from last December, per the NYT this week. Nvidia paid 17 or 20 billion, depending on which paper you read, for a non-exclusive license to Groq’s chips and hired Jonathan Ross plus most of the senior engineers. Groq itself was never acquired, so there was no premerger filing at all. TNW has the cleanest writeup so far: https://thenextweb.com/news/doj-nvidia-groq-licensing-antitrust-review Groq raised again in August at 3.5 billion, half of what it was worth the September before, and Nvidia was one of the investors in that round. That’s the detail that turns this from a hiring story into a merger story for me. I think it’s an acquisition in everything but the paperwork. Nvidia did the same thing with Poolside in August, a license plus offers to 109 engineers. Once is a deal. Twice is a template. I honestly don’t know how you prove intent when the license is non-exclusive and Groq still has an office and a cap table. Has anyone seen a license-and-hire deal actually get unwound? submitted by /u/Servola-Journal
Originally posted by u/Servola-Journal on r/ArtificialInteligence
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