Groq Raises $650M to Launch New AI Cloud Entity 'Groq2'

According to Axios, AI chip manufacturer Groq Inc. recently launched a $650 million fundraising effort targeting existing investors to establish a new entity called 'Groq2.' The fundraising follows a $20 billion licensing agreement with NVIDIA. The new company will pivot away from chip manufacturing to focus on building 'AI neoclouds' services.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments