Groq

Nvidia competitor Groq expected to increase valuation to $2.5 billion with Blackrock leading new funding round.

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Nvidia competitor Groq expected to increase valuation to .5 billion with Blackrock leading new funding round.

Groq, a competitor of Nvidia in the development of AI chips, is reportedly set to be valued at $2.5 billion in a new funding round led by Blackrock. The company is rumored to be raising $300 million with the help of Morgan Stanley, although Groq and Blackrock have not commented on the matter. This new … Read more

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

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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