Fundz
New|Fundz now works inside Claude2 min

Everyone is chasing signals. Fundz is what comes next.

Everyone gets the same alerts the same morning. Fundz brings more than a dozen live business signals together on each company, ranks every company against your ICP, and each morning delivers the best few: who to reach out to, why, and who you already know there. Now it answers in Claude too: ask for today’s leads, then write the note in the same window.

Trusted by

OracleSnowflakeCloudflareLinkedInGoogleSalesforce
4.8/5 on G2· Since 2015

Nvidia acquires Groq for $20 billion

PUBLIC · NVDAOct 07, 2026

Acquiring Company

Nvidia

Acquired Company

Groq AI

Santa ClaraMountain ViewInformation TechnologyInformation TechnologySoftwareArtificial IntelligenceArtificial IntelligenceMachine LearningMachine LearningManufacturingHardwareVenture Capital Fund

Description

Nvidia has entered into a controversial agreement to acquire Groq, Inc. for $20 billion. This transaction has faced scrutiny as it bypasses traditional shareholder votes and oversight. Plaintiffs allege that Groq's board mishandled the deal, leading to inequitable benefits for insiders compared to outside shareholders. The structure of this deal raises significant questions regarding fairness and corporate governance.

Company Information

Company

Nvidia

Location

Santa Clara, California, United States

About

Nvidia is a heavyweight chipmaker that specializes in developing accelerated computing components for data centers, with a focus on AI technology. The company is known for its flagship AI processors and is a major player in the AI industry.

Fundz sees it the moment Nvidia makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

Related People

Jensen
Senior decision-maker at this company
••••••••@••••••••

See Jensen's verified email →

Create an account to reveal verified emails
Predictive Intelligence
Strategic

ML-powered predictions for Nvidia's next move

Learn about Strategic plan

Frequently asked

Who acquired Groq AI?

Groq AI was acquired by Nvidia, based in Santa Clara. The deal was reported on October 7, 2026. Nvidia is a heavyweight chipmaker that specializes in developing accelerated computing components for data centers, with a focus on AI technology. Nvidia is publicly traded (NVDA) and operates in Information Technology.

When did Nvidia acquire Groq AI?

Nvidia's acquisition of Groq AI was reported on October 7, 2026. Nvidia has entered into a controversial agreement to acquire Groq, Inc. for $20 billion. This transaction has faced scrutiny as it bypasses traditional shareholder votes and oversight. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Groq AI do?

Groq AI is a startup based in Mountain View, California, founded in 2016 by ex-Google hardware executive Jonathan Ross. It is privately held, operating in Manufacturing, and is based in Mountain View.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

5 screens from a live account. No signup.

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.