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GROQ FUNDING
Peak XV folds Surge into broader early-stage investing amid executive exits, fewer cohortsPeak XV Partners is reshaping its Surge seed-investing platform. The venture capital firm is integrating Surge more closely with its overal...- Nvidia stocks jump in pre-trading as CEO Jensen Huang reveals inside information for investors. Details hereNvidia expects revenue of $91 billion, plus or minus 2 per cent, compared with estimates of $86.84 billion, according to data compiled by L...
- Nvidia posts record $81.6 billion quarterly revenue on AI spending boomChip giant Nvidia on Wednesday posted record quarterly revenue of $81.6 billion, blowing past Wall Street forecasts as insatiable demand fo...
- Google DeepMind hires staff from Contextual AI in licensing deal, source saysGoogle DeepMind is reportedly acquiring over 20 researchers and licensing technology from AI startup Contextual AI for $80 million to $90 m...
- Nvidia's outlook will be a test of its strategy to maintain AI dominanceNvidia anticipates strong earnings but faces new competition in AI chips. Demand is shifting to processors that run AI in real-time, a mark...
- Intel-AMD veterans' Agrani Labs scouts for $100 million to build AI chipAgrani Labs, founded by former Intel and AMD executives, is aiming for a significant $100 million Series A funding. This investment will su...
- From OpenAI to Nvidia, tech firms channel billions into AI infrastructure as demand boomsTech giants are making massive investments in artificial intelligence. CoreWeave and Meta have expanded their cloud capacity agreement to $...
- South Korean AI chip startup Rebellions raises $400 million ahead of IPOThe funding round was led by Mirae Asset Financial Group and the Korea National Growth Fund, giving the company a valuation of about $2.34 ...
- Vista Equity Partners and Intel to lead investment in AI chip startup SambaNova: ReportPrivate equity firm Vista Equity Partners is leading a new funding round of over $350 million in artificial intelligence chip startup Samb...
- OpenAI is unsatisfied with some Nvidia chips and looking for alternatives, sources sayThe ChatGPT-maker's shift in strategy, the details of which are first reported here, is over an increasing emphasis on chips used to perfo...
- Chip startup Groq’s Jonathan Ross will do ‘incredible things’ at Nvidia: Social Capital CEO Chamath PalihapitiyaChip giant Nvidia has acquired assets and talent from AI startup Groq for $20 billion. This deal brings Groq's specialized inference chip t...
- Nvidia, joining Big Tech deal spree, to license Groq technology, hire executivesNvidia has licensed chip technology from startup Groq and hired its CEO, a former Google AI veteran. This deal follows a trend of tech gian...
- Groq more than doubles valuation to $6.9 billion as investors bet on AI chipsGroq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalise on hundreds of millions of doll...
- AI chip startup Groq discusses $6 billion valuation: ReportIn August last year, Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Pri...
- Groq eyes $6 billion valuation after $1.5 billion Saudi AI chip dealGroq, a US-based AI chip maker, plans to secure funding. The company aims to raise between $300 million and $500 million. This funding supp...
- India should just fine-tune the AI models that exist: Groq CEO Jonathan RossJonathan Ross, co-founder and CEO of Groq, told ET in an interview that India should focus on developing AI applications and improving exis...
- Lightspeed’s Bejul Somaia on the India opportunity; Q-comm’s EV rideHappy Monday! India holds an important place for Lightspeed despite the global reset in the tech sector, top official Bejul Somaia told us....
- AI chip startup Groq valued at $2.8 billion after latest funding roundThe Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing AI inference chips - a type of semiconductor that ...
- Social Capital AI startup deal led Chamath Palihapitiya to fire partnersSocial Capital’s shocking decision to fire the two partners, and the mystery surrounding the circumstances, has transfixed Silicon Valley t...
- US chip startups, long shunned in favor of internet bets, stir excitement againThe enthusiasm for chip startups is mostly a result of the need, by companies using AI software, for special-purpose processors that can ef...
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