Groq Secures $650 Million to Redefine AI Inference Cloud
Groq has confirmed a $650 million raise to rebuild itself as an AI inference cloud, just six months after Nvidia recompensed its investors and recruited away its founder. This funding round is a bet that purpose-built chips still surpass GPUs. Groq, once one of Nvidia’s loudest critics, seems to be making a strategic pivot.
Last December, Nvidia—the reigning champion in graphics processing units (GPUs)—made headlines by paying out to its investors and snatching away Groq’s founder. Fast forward to the present, Groq is now positioning itself for a new chapter.
This story continues at The Next Web.