News

Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private ...
As Nvidia briefly hit a $4 trillion market cap, AI chip rival Groq is reportedly seeking to raise up to $500 million at a $6 ...
US AI chip maker, Groq, aims to raise up to $500 million in funding following a significant $1.5 billion deal with Saudi Arabia.
U.S. semiconductor startup Groq has spoken to investors about raising between $300 million and $500 million at a $6 billion post-investment valuation, The Information reported on Wednesday, citing ...
Groq reportedly plans to use the proceeds from the offering to fulfill a contract it struck with Saudi Arabia in February.
Arabian Gulf Business Insight on MSN14h
AI chip startup Groq seeks $500m to fulfil Saudi order
US semiconductor startup Groq is reportedly seeking between $300 and $500 million in investments to fulfil a recently-signed agreement with Saudi Arabia to supply chips. In February 2025, Saudi Arabia ...
Dash, a new Y Combinator-backed AI startup, connects Gmail, Notion, Slack, and more to automate workflows and help knowledge workers work smarter.
OpenAI’s embrace of Google Cloud servers isn’t stopping it from launching a direct assault on several of Google’s core ...
AI chip startup Groq is raising up to $500 million to reach a $6 billion valuation after signing a major $1.5 billion AI chip deal with Saudi Arabia.
LONDON (Reuters) -British insurer Legal & General has entered a private credit partnership with Blackstone, the companies ...
Explore Memex, the groundbreaking platform reshaping full-stack web development with AI, customization, and streamlined ...
Elon Musk's artificial intelligence venture, xAI, captured attention on Wednesday with the unveiling of its newest AI model, ...