Groq raises $350M to fuel its pivot from AI chips to neocloud
Source: techcrunch.com ·
Section: business-tech ·
Bias: Center
· Published: Mon, 17 Aug 2026 16:15:12 GMT
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
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