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.

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.

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 ...

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 ...

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 ...

MOUNTAIN VIEW, Calif. and RIYADH, Saudi Arabia, Feb. 10, 2025 /PRNewswire/ -- Silicon Valley AI pioneer Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA ...

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 ...