NVIDIA has announced its acquisition of AI chip startup Groq for $2 billion in cash, marking its largest acquisition to date. The deal, confirmed by Groq's lead investor Disruptive, excludes Groq's early-stage cloud business. Groq is projected to generate $500 million in revenue this year, driven by increasing demand for AI chips in large language model inference. This acquisition highlights NVIDIA's strategic expansion in the AI sector, as interest in AI and its applications in various fields, including cryptocurrency, continues to rise. The transaction underscores the growing importance of AI technology in enhancing computational capabilities across industries.