After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly elevating $650M
Groq is seeking to elevate $650 million in new funding from present traders, sources inform Axios, because it leans into its inference neocloud enterprise that depends on its homegrown AI chip and techniques. In December, Groq struck a type of not-an-acquisition agreements with Nvidia for a reported $20 billion, which concerned the departure of some…