<div id="readability-page-1">Shareholders in Groq, a hot AI chipmaking startup, will receive handsome payouts from the company's $20 billion deal with Nvidia, even though no equity is changing hands, Axios has learned from sources close to the deal. Why it matters: Social media has been full of questions about what the unusual arrangement means for Groq employees — both those heading to Nvidia and those staying put. Catch up quick: Groq and Nvidia on Wednesday announced a...</div>

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<p>Groq, an AI chipmaking startup, has struck a $20 billion deal with Nvidia, benefiting its shareholders with substantial payouts despite no equity exchange. This unusual arrangement has sparked questions on social media about its implications for Groq employees, both those joining Nvidia and those remaining. The deal was announced on Wednesday.</p>

- Groq, an AI chipmaking startup, has secured a $20 billion deal with Nvidia, resulting in significant payouts for its shareholders despite no equity exchange.  
- The unusual arrangement has raised questions on social media concerning the implications for Groq employees, both transitioning to Nvidia and those remaining.  
- This deal highlights the complexities in the corporate landscape surrounding mergers and acquisitions in the technology sector.

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Scoop: Nvidia deal a big win for Groq employees and investors