Groq Secures $650M to Fuel Cloud Expansion with AI-Powered Inference Chips

Seven months after inking a $20 billion chip licensing deal with Nvidia Corp., Groq Inc. today announced that it has raised $650 million in funding. Growth investment firm Disruptive and hedge fund Infinitum led the round. Groq has developed a chip design called the LPU that’s specifically optimized

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