Groq

AI chip startup Groq is reportedly raising $650 million in new funding as it pivots from a pure hardware model to an 'Inference-as-a-Service' powerhouse, aiming to outpace Nvidia in real-time LLM performance.

AI chip startup Groq is reportedly raising $650 million to pivot from a hardware-only model to a high-speed AI inference service provider, directly competing with Nvidia's dominance.