AITechCrunchabout 2 hours ago
Groq raises $350M in neocloud pivot
1 min read
Groq raised $350 million, led by Disruptive with Nvidia participation, valuing the company at $3.5 billion, down from $6.9 billion. The startup pivoted from AI chips to a neocloud operating Nvidia systems after Nvidia hired its founder and CEO, Jonathan Ross. Groq plans to scale from 54 to over 200 megawatts by 2027.
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