CEO Jonathan Ross said that it took the company years to find product-market fit, which led to a cash crunch before a funding round.

AI chip startup Groq has secured $1.5bn (SR5.6bn) commitment from Saudi Arabia to expand the delivery of its advanced AI inference infrastructure. The commitment was announced at the LEAP 2025 ...

Feb 10 (Reuters) - U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.

Riyadh: Artificial intelligence (AI) startup Groq Inc has partnered with oil producer Aramco to build a giant data centre in Saudi Arabia that it hopes will become a hub for companies running AI ...

AI chip company Groq has secured a $1.5 billion investment from Saudi Arabia to expand AI inference infrastructure in the country. The chip company has an existing partnership with Aramco Digital in ...

Moreover, Groq claims that the LPU is easier to program, which means deploying AI workloads on the chip takes requires less time and custom code. Nvidia Corp.’s graphics cards can run not only ...

Groq recently secured $1.5 billion from Saudi Arabia to expand AI chip delivery to the country. Semiconductor startup Groq was once so close to going broke that the CEO took inspiration from the ...