Chip startup Groq raises $750 million at $6.9 billion valuation
Ucraina
Artificial intelligence chip startup Groq said on Wednesday it has raised $750 million in new financing at a post-money valuation of $6.9 billion. Groq, a Silicon Valley chip startup founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalize on hundreds of millions of dollars in investments on AI hardware. The funding round was led by Disruptive with significant investment from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners and a large
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