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Groq Receives $1.5 Billion Commitment from Kingdom of Saudi Arabia

Summary by FinSMEs
Groq, a Mountain View, CA-based company building AI inference technology, received a $1.5 Billion commitment from the Kingdom of Saudi Arabia (KSA). The company intends to use the funds for expanded delivery of its advanced LPU-based AI inference infrastructure. Led by CEO and Founder Jonathan Ross, Groq builds fast AI inference technology. From its data center in Dammam, Saudi […] The post Groq Receives $1.5 Billion Commitment from Kingdom of S…
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