Groq raises $350M to fuel its pivot from AI chips to neocloud

NewsDesktop newsroom brief · 2h ago · 1 min read · via techcrunch.com

Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.

Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint. This story matters for Technology readers tracking tech. Reported by techcrunch.com. Read the full original at the source link below.

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