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Semiconductor Industry

Nvidia Strikes $20 Billion Deal to Acquire Groq’s AI Chip Assets and Talent

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NVIDIA

Nvidia has reportedly agreed to purchase assets from Groq, a California-based designer of high-performance AI accelerator chips, in a landmark $20 billion cash deal, according to Alex Davis, CEO of Disruptive — the investment firm that led Groq’s latest funding round in September. Davis confirmed that the transaction came together swiftly, noting that Disruptive has … Read more

SiMa.ai Named Satish Mohanram as Senior Director, India Sales and Site GM

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SiMa.ai, a leader in machine learning (ML) solutions, has announced the appointment of Satish Mohanram as Senior Director of India Sales and Site General Manager. This strategic move aims to bolster the company’s presence in India’s rapidly expanding markets and drive growth in critical sectors such as industrial, semiconductor, education, aerospace/defense, and automotive. Leveraging Extensive … Read more