CEO Jonathan Ross said that it took the company years to find product-market fit, which led to a cash crunch before a funding ...

U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the ...

AI chip startup Groq has secured $1.5bn (SR5.6bn) commitment from Saudi Arabia to expand the delivery of its advanced AI inference infrastructure. The commitment was announced at the LEAP 2025 ...

Last year, Groq announced an initiative to build an AI data center in Dammam, Saudi Arabia. The facility is optimized for ...

AI chip company Groq has secured a $1.5 billion investment from Saudi Arabia to expand AI inference infrastructure in the country. The chip company has an existing partnership with Aramco Digital in ...

Silicon Valley-based AI chip manufacturer Groq has secured a $1.5 billion investment from Saudi Arabia to enhance its AI inference infrastructure within the Kingdom. This significant commitment ...

MOUNTAIN VIEW, Calif. and RIYADH, Saudi Arabia, Feb. 10, 2025 /PRNewswire/ -- Silicon Valley AI pioneer Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA ...

By Stephen Nellis (Reuters) -U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the ...