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Groq Opens API Access to Real-time Inference, Fueling Consumer AI Applications with Unprecedented Speed

Groq Opens API Access to Real-time Inference, Fueling Consumer AI Applications with Unprecedented Speed
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Groq Appoints Dr. Ford Tamer to Its Board of Directors

MOUNTAIN VIEW, Calif., Dec. 10, 2021 Groq Inc., a leading innovator in compute accelerators for artificial intelligence (AI), machine learning (ML), ....

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AI Chip Startup Groq Closes $300 Million in Series C Fundraising


Table Of Contents
AI chip startup Groq has announced that it closed $300 million in new Series C fundraising, co-led by Tiger Global Management and D1 Capital, along with The Spruce House Partnership and Addition. Groq is a leader in computer accelerators for artificial intelligence (AI), machine learning (ML), and high performance computing.
With the new fundraising round, Groq’s total funding is up to $367 million, with $300 million being raised since the second-half of 2020. The rise in funding follows a strong customer endorsement of the company’s first launched product. 
Groq’s Mission
Groq will now aim to grow across industries, set out to hire new talent, and accelerate its products in development following the fundraising. The AI semiconductor market is expected to reach between $65 billion and $100 billion by 2025, so Groq is positioning itself to continue being a leader as the industry grows rapidly.  ....

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