TechCrunch AI news News Jun 22 1 views

AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal

by Julie Bort

What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.

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Source: TechCrunch

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AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal

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Quoting Thomas Ptacek

After shocking quarter, IBM insists that AI isn’t killing the mainframe

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