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GROQ VALUATION
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...- IT stocks face fresh AI worries; is more correction ahead?Indian IT stocks are experiencing a significant correction, driven by fears of AI automation impacting outsourcing demand, amplified by Nvi...
- Infosys, Wipro, Coforge, other IT stocks drop up to 6% to fresh record lows: Here’s whyIndian IT stocks saw a significant drop on Tuesday. New artificial intelligence announcements from Nvidia sparked concerns about disruption...
- Nvidia bets on AI inference as chip revenue opportunity hits $1 trillionCEO Jensen Huang unveiled a new central processor and an AI system built on technology from Groq - a chip startup from which Nvidia license...
- 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...
- US stock futures today: Dow, S&P 500 and Nasdaq hold gains post-Christmas — could the Santa rally be here?U.S. stock futures were mostly steady Thursday night as Wall Street reopened after Christmas. The pause followed a strong holiday-shortened...
- 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 agrees to buy chip startup Groq's assets for $20 billion: ReportsUnder the arrangement, Groq founder and CEO Jonathan Ross, who was with Google's Tensor Processing Unit, will join Nvidia along with presid...
- 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...
- ET World Leaders Forum: Raw compute power to drive future of AI, says Jonathan RossGroq CEO Jonathan Ross emphasizes that control over AI compute power, akin to oil, will determine future global tech leadership. He urges I...
- 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...
- Trump says Brennan and Comey may “Pay a Price” as FBI investigates false statements in Russia probeFormer CIA Director John Brennan and ex-FBI Director James Comey are under scrutiny for allegedly misleading Congress during the Russia inv...
- 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...
- 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....
- EnCharge AI raises over $100 million in funding to bring AI inference chips to marketStartup EnCharge AI raised over $100 million in Series B funding to develop energy-efficient AI inference chips for edge computing. Their a...
- 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 ...
- Beyond Nvidia: the search for AI's next breakthroughFor a few days, AI chip juggernaut Nvidia sat on the throne as the world's biggest company, but behind the its staggering success are quest...
- 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...
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