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AI chip startup Groq raises $640 million in BlackRock-led round
Groq, a startup whose chips are specialized for running AI models, raised $640 million in Series D funding at a $2.8 billion valuation led by BlackRock. Why it matters: As the AI race shows no ...
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AI startup Groq once almost ran out of money, so the CEO took a page from World War II fundraising
Groq recently secured $1.5 billion from Saudi Arabia to expand AI chip delivery to the country. Semiconductor startup Groq was once so close to going broke that the CEO took inspiration from the ...