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

IPNews newsroom brief · 1h 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 AI & Agent Economy readers tracking ip. Reported by techcrunch.com. Read the full original at the source link below.

Originally reported by techcrunch.com. IPNews curates and briefs the ai & agent economy stories that matter. Our editorial policy →
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