Why Nvidia's (NVDA) $20 Billion Entry Into AI Inference is Pivotal
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Nvidia Corporation (NVDA) announced a $20 billion investment in AI inference firm Groq, aiming to strengthen its position in the AI market. This deal allows Nvidia to access Groq's technology while Groq operates independently. Nvidia's diversification strategy is evident as it seeks to expand beyond AI training, where it currently holds over 90% of the GPU market. The investment is seen as pivotal for Nvidia's growth in high-demand AI segments, reinforcing its leadership in AI chips.
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