Groq raising up to $650 million from existing investors, source says reut.rs/4uB
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and hiring new execs.
Nvidia AI chip competitor Etched says it has already booked $1 billion under contract for the inference systems powered by its chip.
Nvidia to invest up to $2.1 billion in IREN as part of AI data center deal reut.rs/4ttolyZ
Cerebras targets $26.6 billion valuation in US IPO as AI chip demand surges reut.rs/4d4H7Xa
Startup Oxmiq raises $35 million to build chip architecture to lower cost of AI reut.rs/4eGMPRa
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