Tag: AI Chip

Groq Raises $350 Million as AI Chipmaker Pivots Toward Neocloud

AI chipmaker Groq has raised $350 million as it accelerates its transformation into a neocloud provider. The funding reflects the growing demand for specialized AI infrastructure as companies race to dep

Nvidia Reportedly Creating Advanced AI Chip for Chinese Market

The new, high-powered chip will replicate some of Nvidia's flagship models.

Hailo’s New AI Chip Powers On-Device Generative Models, Without Cloud

The new AI chip can run GenAI models locally, eliminating cloud needs.

Groq Nears New Funding Round Valued at $6 Billion, Challenging Nvidia in AI Chip Market

The new funding round will enable Groq to push Nvidia in the chip market.

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