Groq raised $640 million at a $2.8 billion valuation in November 2024, making this double the valuation in about nine months.

Groq, a richly funded chip startup trying to take on Nvidia, told investors early this year it was on track to have more than ...

Groq, however, is an Nvidia competitor that focused early on the segment of AI computing that requires less need for directly programming chips, and investors are intrigued. The 8-year-old AI chip ...

Unlike AI GPU’s from Nvidia and AMD, Groq uses on-chip SRAM, with 14GB of high bandwidth shared memory for weights across the rack. SRAM is some 100x faster than the HBM memory used by GPUs.

Nvidia faces competition in AI inference from startups like SambaNova, Groq, and Cerebras. Inference, the production stage of AI, is seen as a key market by these startups.

Groq, a U.S.-based startup specializing in AI chips, has launched its first European data center in Helsinki, Finland as part of the company's international expansion and goal to meet the rising ...

Summary Nvidia Corporation continues to grow rapidly as competitors struggle to gain a foothold in AI accelerators. Nvidia's aggressive technological progress and capacity expansion have made it ...