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Analysts Call NVIDIA Corporation (NVDA) Groq Deal a ‘Tech and Talent Grab’
Yahoo Finance· 2025-12-30 17:27
We recently compiled a list of the 7 Most Promising Robotics Stocks According to Wall Street Analysts. NVIDIA Corporation is one of the most promising stocks. TheFly reported on December 26 that NVDA announced a non-exclusive licensing agreement with AI chip startup Groq. The deal includes bringing Groq’s founder and CEO, Jonathan Ross, President Sunny Madra, and other key engineers to NVDA to integrate Groq’s low-latency inference technology into NVDA’s “AI factory” architecture. Analysts Call NVIDIA Co ...
Groq obtains $750m in funding for AI inference technology
Yahoo Finance· 2025-09-18 09:49
Core Insights - Groq has raised $750 million in a funding round, achieving a post-money valuation of $6.9 billion, with significant contributions from Disruptive and other notable investors [1][2][6] - The company focuses on AI inference technology, particularly in developing its language processing unit and GroqCloud, which serve over two million developers and various Fortune 500 companies [3][4] Funding and Valuation - The recent funding round was led by Disruptive, which has invested nearly $350 million in Groq to date [1] - Existing investors such as Cisco, Samsung, and others also participated in this funding round [2] Technology and Infrastructure - Groq is enhancing its infrastructure across North America, Europe, and the Middle East, aligning with US government initiatives to promote AI technology distribution [4] - The company has established a data center in Dammam, Saudi Arabia, as part of a $1.5 billion initiative to boost AI development in the region [5] Product Development - GroqCloud now offers OpenAI's models gpt-oss-120B and gpt-oss-20B, featuring full 128K context capabilities and optimized deployment tools [5] - The company's technologies aim to provide cost-effective and high-speed computing solutions [3] Strategic Partnerships - Groq has been designated as an official inference provider for HUMAIN, an AI enterprise in Saudi Arabia, supporting its economic advancement through AI [4]