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NVIDIA

Nvidia–Groq Deal Delivers Windfall for Canadian Investors

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Over the holidays, Nvidia struck a $20 billion USD licensing deal with AI infrastructure startup Groq, setting up payouts for Canadian investors. Framed as non-exclusive, the agreement licenses Groq IP to Nvidia, moves executives over, and leaves Groq independent. Critics call it acquisition-like amid Nvidia’s dominant chip position.

Canadian backers include Garage Capital, whose Mike McCauley called it a “fabulous outcome,” and Social Capital’s Chamath Palihapitiya. Groq employs about 90 Canadians, maintains a Toronto office, and supplies chips for Bell data centres, underscoring Canada’s role in global AI infrastructure.

Want to know more? Check out the source code on BetaKit.

Toronto’s CentML Acquired by Chip Giant Nvidia

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American semiconductor titan Nvidia has acquired Toronto’s CentML, a machine learning and AI startup, for an undisclosed sum. Founded by Gennady Pekhimenko, Akbar Nurlybayev, and Sam Wang, CentML specialized in optimizing hardware for ML performance. The co-founders now join Nvidia in senior roles.

CentML’s federal registration ceased June 6, 2025, transitioning operations to British Columbia before ending completely by July 17. The Logic first reported the deal, later confirmed by the Vector Institute. Not all staff will join Nvidia. The acquisition follows AMD’s purchase of Untether AI, highlighting a trend of Canadian AI talent shifting southward.

Want to know more? Check out the source code on BetaKit.

TELUS, NVIDIA to Launch Canada’s First Sovereign AI Factory

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TELUS, in partnership with NVIDIA, is launching Canada’s first Sovereign AI Factory, a high-security AI computing facility to advance AI innovation while ensuring data sovereignty. Set to open in Quebec by summer 2025, with expansion to British Columbia, the facility will use NVIDIA’s Hopper- and Blackwell-based GPUs for AI training and inference.

Running on 99% renewable energy, it aims to be one of the most energy-efficient AI hubs globally. TELUS is the first North American telecom to join NVIDIA’s Cloud Partner Program, reinforcing Canada’s AI leadership while keeping sensitive data within national borders.

Want to know more? Check out the source code on Techcouver.

Salesforce and NVIDIA Join Forces to Elevate Enterprise AI

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Salesforce and NVIDIA announced a strategic collaboration to enhance AI capabilities for enterprises by combining their respective platforms. This partnership integrates NVIDIA’s AI platform with Salesforce’s Agentforce, designed to improve productivity for sales, service, marketing, and IT teams.

By leveraging NVIDIA’s accelerated computing and AI software, Salesforce aims to enhance customer insights and create interactive AI-powered avatars. According to Salesforce CEO Marc Benioff, this collaboration represents the third wave of AI, blending human and AI agents. NVIDIA CEO Jensen Huang added that AI assistants will reshape future workplaces by boosting efficiency and productivity.

Want to know more? Check out the source code here.