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Groq aims to raise $650 million following Nvidia licensing agreement
ยท 1 day agoยท ET Tech

Groq aims to raise $650 million following Nvidia licensing agreement

Groq is seeking $650 million from its investors. This comes after a significant $17 billion licensing deal with Nvidia. Groq is now concentrating on AI inferencing. Investors are set to receive payouts from the Nvidia deal. They will then have the chance to invest in Groq's new phase. This move sign

#fundraising#nvidia#ai-inferencing#venture-capital

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