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 ...

San Jose-based AI chip startup Groq is reportedly seeking to raise $300 million to $500 million at a post-money valuation of ...

Groq, which is backed by investment arms of Samsung and Cisco, said the data center will be in Helsinki, Finland.

Groq CEO Jonathan Ross on differentiating his business in the AI chip race, as the company opens first European data center ...

Groq, valued at $2.8 billion and backed by investors such as Samsung and Cisco, is positioning itself as a challenger to ...

Groq opens a new AI data centre in Helsinki, Finland, as it expands globally to compete with Nvidia in the inference chip ...

The company announced the deployment of the Qwen3 235B reasoning models on its hardware, offering 1,500 tokens per second.

In a Monday interview with CNBC, Ross said that Nvidia chips will use expensive components such as high-bandwidth memory, which currently have very few suppliers.Groq's LPUs meanwhile do not use ...