Groq

Groq is an AI chipmaker that develops and sells hardware, specifically Language Processing Units (LPUs), designed to accelerate large language model inference.

Why it’s in the news: It is in the news for raising significant funding, pivoting its business model, and the fallout from a failed acquisition deal with Nvidia.

Latest on Groq

• Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round
• Groq raises $350M to fuel its pivot from AI chips to neocloud
• AMD and Cerebras join forces against Nvidia’s Groq LPUs
• AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal
• Nvidia paid Groq $20 billion and took its top engineers. Now Groq is raising $650 million for what’s left.
• After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M

Connections

2 entities linked to Groq across the news graph.