Groq, a startup whose chips are specialized for running AI models, raised $640 million in Series D funding at a $2.8 billion valuation led by BlackRock. Why it matters: As the AI race shows no ...

Groq Inc. on Monday announced that it has secured a $1.5 billion commitment from Saudi Arabia to expand its delivery of artificial intelligence chips to the country. The deal comes about six ...

In a recent development, US AI chip startup Groq has secured $1.5 billion in investment from Saudi Arabia. Groq (not to be confused with Grok, the AI-powered assistant available through X/Twitter ...

Feb 10 (Reuters) - U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.

which has limited the availability of the latest chips developed by Nvidia Corp. Groq said it does not expect to face any US government restrictions on its plans to boost its presence in Saudi ...

Lately, Groq has been getting a lot of similar complaints from its customers, says its CEO, Ross: They want to pay the startup more money to get more access to its chips. It's a problem most ...