Groq, which is backed by investment arms of Samsung and Cisco, said the data center will be in Helsinki, Finland.

As Nvidia briefly hit a $4 trillion market cap, AI chip rival Groq is reportedly seeking to raise up to $500 million at a $6 ...

San Jose-based AI chip startup Groq is reportedly seeking to raise $300 million to $500 million at a post-money valuation of ...

Groq CEO Jonathan Ross on differentiating his business in the AI chip race, as the company opens first European data center ...

Groq, valued at $2.8 billion and backed by investors such as Samsung and Cisco, is positioning itself as a challenger to ...

Groq, which is backed by investment arms of Samsung and Cisco, ... Last month, Nvidia CEO Jensen Huang was in Europe and signed several infrastructure deals, including data centers.

Groq opens a new AI data centre in Helsinki, Finland, as it expands globally to compete with Nvidia in the inference chip ...

In a Monday interview with CNBC, Ross said that Nvidia chips will use expensive components such as high-bandwidth memory, which currently have very few suppliers.Groq's LPUs meanwhile do not use ...