Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation 

Ae chip startup Groq is negotiating to raise $ 600 million in the evaluation of $ 6 billionThe formula tells Bloomberg, although the deal is not yet final and the conditions may change.

Rabbit Gather $ 640 million on $ 2.8 billion evaluation In November 2024, it is doubly evaluating in about nine months. Groke had earlier raised around $ 1 billion.

The new era is led by the Austin-based firm disruptive, Bloomberg report. The November round was led by Blackrock, which included Newborger Burman, Type One Ventures, Cisco, KDDI and Samsung Catalist Fund.

Groke was founded by Jonathan Ross, who first developed its tensor processing unit chip in Google. The startup emerged secretly at 2016.

This new lifting comes after the grouke Announced in May A special partnership with Bell Canada to provide electricity to Telco’s large AI infrastructure project. In April, Groke Participated with meta To offer AI infrastructure to speed up the estimate of LLAMA 4. Neither disruptive nor Grocke immediately returned our request for comment.

Source link

Please follow and like us:
Pin Share

Leave a Reply

Your email address will not be published. Required fields are marked *