Nvidia Licenses Groq's AI Technology in $20 Billion Deal; Waymo Resumes Service After San Francisco Blackout

Nvidia has entered into a non-exclusive licensing agreement with AI chip startup Groq, reportedly valued at approximately $20 billion. As part of the deal, Groq's founder Jonathan Ross, president Sunny Madra, and other senior leaders will join Nvidia to help advance and scale the licensed technology. Groq will continue to operate as an independent company under new CEO Simon Edwards.

In a separate development, Waymo resumed its autonomous ride-hailing service in San Francisco after a massive power outage had temporarily halted operations. The outage, caused by a fire at a Pacific Gas and Electric Co. substation, affected approximately 130,000 customers and disrupted traffic signals across the city. Waymo's self-driving vehicles, programmed to treat non-functioning traffic lights as four-way stops, were observed stalled at intersections during the blackout. The company suspended service on Saturday evening and resumed operations on Sunday afternoon.