Nvidia buying AI chip startup Groq's assets for about 20 billion in its largest deal on record
CNBC Technology ↗
Nvidia is making its largest purchase ever, acquiring assets from 9-year-old chip startup Groq for about $20 billion.
AI BRIEFING · 2025-12-26
Nvidia buying AI chip startup Groq's assets
plus 9 more stories
Also: Waymo is testing Gemini as an in-car AI assistant in its robotaxis, and Oracle shares on pace for worst quarter since 2001. Every story links to its primary source.
Curated by Gaurav · December 26, 2025
Waymo is testing Gemini as an in-car AI assistant in its robotaxis
TechCrunch AI ↗
Waymo is testing a Gemini-powered in-car AI assistant, per findings from a 1,200-line system prompt. The assistant can answer general knowledge questions, control certain in-cabin features, and more.
Oracle shares on pace for worst quarter since 2001 as new CEOs face concerns about AI build-out
CNBC Technology ↗
Investors want to know if Oracle, under new CEOs Clay Magouyrk and Mike Sicilia, can pay for and deliver data centers packed with Nvidia chips for OpenAI.
AI boom adds $500bn to net worth of US tech billionaires in 2025
Financial Times Tech ↗
Elon Musk stays on top as Nvidia's Jensen Huang powers up the rankings on an AI-fuelled surge in fortunes
Indian IT services provider Coforge agrees to acquire Encora, which offers AI tools for product, cloud, and data engineering, at an enterprise value of 2.35B (Reuters)
TechMeme ↗
Reuters:Indian IT services provider Coforge agrees to acquire Encora, which offers AI tools for product, cloud, and data engineering, at an enterprise value of $2.35B— Indian IT services provider Coforge said on Friday it would acquire artificial intelligence firm Encora at an enterprise value …
Amazon, Microsoft, and Google pledged a combined $67.5B in Indian investments since October, 80% of those in December, as part of an AI spending frenzy in India (Pranshu Verma/Washington Post)
TechMeme ↗
Amazon, Microsoft and Google have pledged a combined $67.5 billion in Indian investments since October. Eighty percent of those commitments came this month as part of an AI spending frenzy in India.
Monetizers vs manufacturers: How the AI market could splinter in 2026
CNBC Technology ↗
AI infrastructure firms are set to win from the evolution of once asset-light Big Tech firms.
Refinitiv: AI infrastructure companies borrowed 100B in 2025; small companies face higher interest rates given investor wariness over unproven AI businesses (Joe RennisonNew York Times)
TechMeme ↗
Joe Rennison /New York Times:Refinitiv: AI infrastructure companies borrowed $100B+ in 2025; small companies face higher interest rates given investor wariness over unproven AI businesses— Artificial intelligence companies looking to raise funds are being made to pay lofty interest rates, as debt investors become cautious.
Disney is embedding generative AI into its operating model
AI News ↗
For a company built on intellectual property, scale creates a familiar tension. Disney needs to produce and distribute content across many formats and audiences, while keeping tight control over rights, safety, and brand consistency. Generative AI promises speed and flexibility, but unmanaged use risks creating legal, creative, and operational drag. Disney's agreement with OpenAI shows how major entertainment companies are strategically adopting AI.
Nvidia Up on AI Licensing Deal, Biohaven Down on Study Results, Coforge Up
Bloomberg Technology ↗
- Shares of Nvidia (NVDA) edge higher in the premarket session as the company agreed to a licensing deal with artificial intelligence startup Groq. - Shares of Indian technology services provider Coforge Ltd. (COFORGE IN) declined ahead of the US market open after the company agreed to buy Encora at an enterprise value of $2.35 billion in an all-stock deal. - Shares of Biohaven (BHVN) fell as much 14 percent in US premarket trading after a mid-stage study of the company’s experimental drug BHV...
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