Groq, a competitor of Nvidia, enlists Morgan Stanley to secure $300 million fundraising

Groq, a competitor of Nvidia, enlists Morgan Stanley to secure 0 million fundraising

Groq, a competitor of Nvidia in the development of specialized server chips and artificial intelligence software, is looking to raise approximately $300 million in funding. The company has enlisted the help of Morgan Stanley with the fundraising process, as reported by sources familiar with the matter. Groq’s focus on developing advanced technologies for AI applications … Read more