Scoop: Nvidia deal a big win for Groq employees and investors
Illustration: Lindsey Bailey/AxiosShareholders in Groq, a hot AI chipmaking startup, will receive handsome payouts from the company's $20 billion deal with Nvidia, even though no equity is changing hands, Axios has learned from sources close to the deal.Why it matters: Social media has been full of questions about what the unusual arrangement means for Groq employees — both those heading to Nvidia and those staying put. Catch up quick: Groq and Nvidia on Wednesday announced a "non-exclusive lice...
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