DOJ Probes Nvidia-Groq Deal for Antitrust Concerns
The Department of Justice (DOJ) is investigating Nvidia's deal with AI chip startup Groq for potential antitrust concerns.
Nvidia acquired Groq's inference technology and hired key personnel without buying the company, creating a transaction structure that could be seen as an acquisition in practice.
According to The New York Times, the DOJ opened the investigation shortly after Nvidia and Groq announced their deal in December and has since sent Nvidia a formal demand for information.