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Arabian Gulf Business Insight on MSN16h
AI chip startup Groq seeks $500m to fulfil Saudi order
US semiconductor startup Groq is reportedly seeking between $300 and $500 million in investments to fulfil a recently-signed agreement with Saudi Arabia to supply chips. In February 2025, Saudi Arabia ...
How Memex Simplifies AI Web App Development : Say Goodbye to Coding Chaos
Explore Memex, the groundbreaking platform reshaping full-stack web development with AI, customization, and streamlined ...
Asianet Newsable on MSN20h
AI-Chip Startup Groq Eyes Up To $500M Capital Raise At $6B Valuation: Report
Groq reportedly plans to use the proceeds from the offering to fulfill a contract it struck with Saudi Arabia in February.
AI chip startup Groq discusses $6 billion valuation: Report
Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private ...
Nvidia Rival Groq Reportedly Eyes $6 Billion Valuation, Cisco And Samsung-Backed Company Looks To Double Valuation Amid Surging AI Chip Demand
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 ...