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DOJ probes Nvidia’s licensing deal with AI startup Groq, NYT reports
The U.S. Justice Department is investigating whether Nvidia structured its $17 billion licensing deal with AI startup Groq to avoid antitrust scrutiny, according to the New York Times.
Nvidia made a deal last year for a non-exclusive license to Groq's chip technology and hired several Groq executives, including founder Jonathan Ross.
The Justice Department began the investigation shortly after the deal's announcement in December and sent Nvidia a formal request for information.
The DOJ could fine Nvidia if it finds the deal was mishandled but is unlikely to seek to unwind the transaction.