Nvidia faces intensifying AI chip competition as Qualcomm nears a $4bn Modular acquisition and Groq secured $650m following a $20bn licensing deal with Nvidia. The company launched Halos software on IGX Thor hardware to target a projected $200bn humanoid robotics market by 2035 with initial Toyota deployments.
Qualcomm is in advanced talks to acquire AI chip startup Modular for approximately $4bn, aiming to shore up its product lineup and challenge Nvidia’s leadership in data-center accelerators. The deal could close in the coming weeks, heightening pressure on Nvidia’s market share.
Groq confirmed a $650m funding round roughly six months after Nvidia signed a non-exclusive licensing agreement valued at $20bn for Groq’s language processing unit technology, a deal that included key executive departures. The startup has pivoted to expand its neocloud inference service amid intensified competition.
Nvidia introduced Halos robotics software running on its IGX Thor hardware to enhance situational awareness and split-second decision making in humanoid robots. The initiative targets a humanoid robotics market forecast to reach $200bn by 2035, with early deployments at Toyota manufacturing facilities and a new safety-testing lab.
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