Groq closes $350M Series A at $3.5bn evaluation and Nvidia joins the round

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Groq, the AI-inference chip company that spent the better part of a decade pitching itself as the scrappy alternative to Nvidia, has raised fresh money at a valuation that quietly concedes how much has changed.

The company announced on Monday that they took in $350m at a $3.5bn valuation, roughly half the $6.9bn it commanded […]




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