TechCrunch · Startups · 2026-08-17
Groq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint. Groq raises $350M to fuel its pivot from AI chips to neocloud
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