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Score: 58💰 MoneyMay 29, 2026

After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M

Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.

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Source

https://techcrunch.com/2026/05/29/after-nvidias-20b-not-acqui-hire-ai-chip-startup-groq-reportedly-raising-650m/