The500Feed.Live
Everything going on in AI - updated daily from 500+ sources
💰 MoneyJune 22, 2026
Inference chip startup Groq raises $650M to grow its cloud platform
Seven months after inking a $20 billion chip licensing deal with Nvidia Corp., Groq Inc. today announced that it has raised $650 million in funding. Growth investment firm Disruptive and hedge fund Infinitum led the round. Groq has developed a chip design called the LPU that’s specifically optimized for artificial intelligence inference workloads. In December, […] The post Inference chip startup Groq raises $650M to grow its cloud platform appeared first on SiliconANGLE .
Read Original Article →