AI Boom Ignites: Nvidia $20B Groq Bet, Shield $2B Raise

Picture this: Nvidia, the GPU titan that's powered the AI revolution, just handed over $20 billion to Groq—a company building chips specifically designed to run AI models faster and cheaper than Nvidia's own gear. It's like the champ funding the upstart challenger. This bombshell dropped at the close of GTC 2026, Nvidia's marquee AI confab, alongside Groq unveiling its next-gen 3 LPU. And that's not all. Defense darling Shield AI snagged $2 billion in fresh funding the same day, snapping up...