Groq raises $350M to gas its pivot from AI chips to neocloud
Startup Groq has raised $350 million because it continues to pivot from an AI chipmaker to a neocloud firm that gives highly effective GPUs and AI infrastructure providers. The brand new capital, led by funding agency Disruptive with deliberate participation from Nvidia, values the corporate at $3.5 billion. That’s down from the $6.9 billion Groq…
