Google Analytics counts our visits, with cookies. No thanks turns it off and removes its cookies; in Europe, the UK, Switzerland and India, or wherever we cannot tell where you are, it stays off unless you accept. Cookie Notice

Advertise
PRICES
BTCETHSOLXRPBNBTONDOTLTCPOLHBARNEARARBUNI
Back to NewsFeeds

Nvidia-backed Groq seeks Series B at $8bn pre-money valuation

NewsFeeds update

Groq, an AI data centre operator backed by Nvidia, has sent out a Series B fundraising invitation seeking capital at an $8bn pre-money valuation, more than doubling its valuation in about three months. Nvidia brought in Groq founder and CEO Jonathan Ross and other core staff through a $20bn technology licensing deal late last year.

AIOdailyAINeutral

Read the original on Odaily

More AI updates

  1. Chamath Palihapitiya says SpaceX-Anthropic compute contract holds 90-day mutual exit clause

    AIChainCatcherAINeutral

  2. Stop Dirty Data Centres says protests across Europe target AI data centre expansion

    AIChainCatcherAINeutral

  3. Cathie Wood says midterm elections will not halt the AI revolution

    AIPANewsAINeutral

Every AI update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.