GoKawiilFormer Groq engineers sue over Nvidia $20B acquisition deal
Two ex-Groq employees have filed a class action lawsuit against the company's former board and CEO, claiming they transferred company technology and personnel to Nvidia as part of a $20 billion deal. The suit, filed in Delaware, questions the valuation and proceeds of the licensing agreement, which included a $17 billion fee and a $3 billion stock pool for engineers. Groq maintains that the deal provided significant value and is pursuing its own technology development independently.