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Arabian Gulf Business Insight on MSN16h
AI chip startup Groq seeks $500m to fulfil Saudi orderUS 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 ...
Explore Memex, the groundbreaking platform reshaping full-stack web development with AI, customization, and streamlined ...
Asianet Newsable on MSN21h
AI-Chip Startup Groq Eyes Up To $500M Capital Raise At $6B Valuation: ReportGroq reportedly plans to use the proceeds from the offering to fulfill a contract it struck with Saudi Arabia in February.
Groq raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private ...
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