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https://medium.com/@noahbean3396/the-nvidia-groq-transaction-031abf4f5f9f
“a “reverse acqui-hire,” a model pioneered in 2024 by Microsoft (with Inflection AI) and Amazon (with Adept AI) to consolidate market power without triggering regulatory tripwires."
"Simultaneously, Groq’s founder Jonathan Ross, President Sunny Madra, and approximately 80% of the engineering staff will terminate their employment with Groq and immediately join Nvidia."