Nvidia licensing deal advances AI capabilities

25 days ago

Bloomberg's Isabel Lee

"Let's start with uh one of our favorite stocks here because it's always uh the most active. Nvidia in the pre-market. >> Nvidia. Yes, this is a favorite. It's higher by maybe 510 of 1% in pre-market trading. So they agreed to a licensing deal with AI startup Gro. So this furthers Nvidia's investments in companies connected to the AI boom. So the chipmaker as we know has paid for the right to use Gro's technology and will integrate its chip design into future products."

The speaker highlights Nvidia's strategic licensing deal with AI startup Gro to enhance its chip technology and maintain its leadership in the AI space, underscoring Nvidia's continued focus on integrating advanced AI solutions into its product offerings.

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