Exclusive: Nvidia buying AI chip startup Groq's assets for about $20 billion in largest deal on record
Nvidia is making its largest purchase ever, acquiring assets from nine-year-old chip startup Groq for about $20 billion.

Nvidia is making its largest purchase ever, acquiring assets from nine-year-old chip startup Groq for about $20 billion.
Agents like OpenAI's Instant Checkout and Perplexity's Instant Buy threaten to reshape the e-commerce landscape.
A bipartisan group of Senators on Wednesday said the Trump administration violated the law by failing to release the records in full last week.
Fox's Tubi outpaced Peacock and HBO Max for share of streaming minutes in Nielsen's November Gauge report.
The former EU commissioner and four anti-disinformation campaigners were the subject of U.S. travel sanctions.
There's still time to boost your refund or reduce your tax bill for 2025. But your last chance is Dec. 31.
The oil giant is looking to divest $20 billion of its assets by the end of 2027.
We're scooping up shares of struggling company on a confidence-inducing signal from the board of directors that a bottom could be forming.
Millions could be eligible for Trump's "no tax on tips" deduction for the upcoming tax season. But some workers won't benefit from the tax break, experts say.
In an unsigned decision released on Tuesday, the court said Trump lacked the authority to federalize troops in Chicago.
"Frankly, we were the solution to the problem that the world didn't know it had," Rahim Suleman, CEO of Canadian group Neo Performance Materials, told CNBC.
Affordability is top of mind for consumers and politicians as prices for household staples have risen sharply in recent years.
Motive says its products, including a dashboard camera for tracking truckers, have saved over 1,000 lives.
Experts say having a credit limit well above your usual monthly spending can help boost your credit score, so long as you resist the urge to overspend.
Tanger CEO Stephen Yalof says shoppers kept spending this holiday season as promotions and value offset weaker consumer confidence.
Three days after blackouts in San Francisco brought down Waymo's service, the company said it's implementing changes for when "infrastructure fails."
If you're stressed out this holiday season, try muting social media accounts that bring you down, says psychologist Sabrina Romanoff.
Beef costs are still pressuring portfolio name Texas Roadhouse and leading to shakeups at other industry players.
Southwest's stock has gained nearly 24% so far this year, more than any other airline.
Hassett said the artificial intelligence boom is boosting economic growth while simultaneously putting downward pressure on inflation.
The enterprise software company said the deal will bolster its cybersecurity capabilities in the age of artificial intelligence.
The release comes amid intense scrutiny from congressional lawmakers and victims over the DOJ's handling of the Epstein files.
When it comes time to report income and losses and pay taxes on prediction markets bets, taxpayers are taking a gamble.
As part of an investigation that kicked off a year ago, the agency found that China is engaging in unfair trade practices in the industry.