AI News
Groq Raises $350M to Accelerate Neocloud Pivot After Nvidia Licensing Deal
Groq has raised $350 million in a new funding round led by investment firm Disruptive, with planned participation from Nvidia, as the company accelerates its transition from an AI chipmaker to a neocloud provider. The round values Groq at $3.5 billion, a significant drop from the $6.9 billion valuation it commanded last September, just before […]
