> there’s definitely some equity being traded in this “non-exclusive licensing deal”

It does bring up a curious question - what happens to the Groq equity owned by the leadership team that's being hired by Nvidia? And/or VC equity?

If they're all being paid, then is Nvidia left holding that equity? Or is it being returned to Groq (the company)?

One of two things would seem to be true:

   - Nvidia now owns a big chunk of Groq
   - Remaining investors in Groq now own a lot more of the company (on a percentage basis)