Nvidia's $20B Groq Deal: Huge Win for Employees, Valuation Soars

• Nvidia and Groq struck a non-exclusive licensing deal, reportedly valued at $20 billion, a massive jump from Groq's $6.9 billion valuation three months ago.
• The agreement is a major financial win for Groq's employees and early shareholders, with 85% of payments expected upfront.
• Around 90% of Groq's workforce, including founder Jonathan Ross and president Sunny Madra, will transition to Nvidia.
• Employees joining Nvidia get cash for vested Groq shares and Nvidia stock for unvested shares; some receive full equity acceleration.
• Groq will continue independent operations, licensing its LPU technology to Nvidia, with Simon Edwards becoming the new CEO.

Why It Matters: Nvidia's $20B licensing pact with Groq offers massive financial upside for Groq employees and shareholders.