Groq Seeks $650 Million Amid Shift to AI Inference Neocloud Business (opens in new tab)
Groq is looking to raise as much as $650 million from existing investors as it transitions from AI chipmaker to AI inference neocloud business, Axios reported Thursday (May 28). This move follows a $20 billion licensing deal with Nvidia that was announced in December and saw much of Groq’s senior team leave the company, according to the report. With […] The post appeared first on <a href="
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