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<p>Nvidia Corp. has entered a non-exclusive licensing agreement with AI chip maker Groq, acquiring some of its executive team to advance licensed inference technology. Groq will remain independent, with Simone Edwards as the new CEO. Earlier reports of Nvidia buying Groq for $20 billion were overstated. Nvidia shares slightly declined but are up over 40% year-to-date.</p>

- Nvidia Corp. has entered a non-exclusive licensing agreement with AI chip maker Groq and will acquire some of its executive team.  
- Groq will remain independent, continuing operations with Simone Edwards as the new CEO, despite earlier reports of a $20 billion acquisition by Nvidia.  
- Nvidia's share price slightly declined but has increased over 40% year to date.

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Groq execs to join Nvidia as part of AI-chip licensing deal

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