Nvidia's Groq acquihire is on the DOJ's radar, but it's already too late

Nvidia spent a whopping $20 billion late last year to license Groq’s AI accelerator tech and hire away key members of its engineering team in an everything-but-the-kitchen-sink deal. The acquihire technically left Groq’s core inference-as-a-service business intact, but was clearly architected in such a way as to fly under regulators' radar. Only it didn’t. This week, The New York Times reported that the US Department of Justice had launched an antitrust probe into the deal. It’s hard to argue that Nvidia didn’t strip the startup for parts. It may not have been a merger in the traditional sense, but without its engineering staff, Groq may as well be Nvidia’s puppet at this point. Despite this, Nvidia contends the deal is a great...

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