Team S on Newnex: Groq AI, a startup specializing in AI chip…

Groq AI, a startup specializing in AI chip technology, is set to…

Team S · 2024-07-05T07:04:05.000Z

Groq AI, a startup specializing in AI chip technology, is set to raise $300 million in a Series D funding round. This round is led by Morgan Stanley and aims to nearly double Groq's total funding, bringing it closer to competitors like Cerebras. Groq, founded in 2016 by ex-Google executive Jonathan Ross, focuses on providing AI chips that are both faster and more cost-effective than Nvidia's offerings. The funding will support Groq's expansion efforts, including increasing its team and advancing its second-generation tensor streaming processor (TSP) architecture https://www.msn.com/en-us/money/other/nvidia-rival-groq-ai-set-to-raise-300m-in-funding-round/ar-BB1pes8i

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Team S on Newnex: Groq AI, a startup specializing in AI chip…