Groq more than doubles valuation to $6.9 billion as investors bet on AI chips
Chip startup Groq said on Wednesday it has raised $750 million, more than doubling its valuation to $6.9 billion in just over a year as Wall Street bets big on the hardware that powers artificial intelligence technology.Groq, founded by a former Alphabet engineer, is among a long list of new chip players
17 Sep 11:37 · CNA