Seeking funding
Technology
Groq seeks new Series B at $8 billion valuation as AI infrastructure stocks slide
Stockwhiz
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Groq is seeking a new Series B round at an $8 billion valuation excluding new capital, according to documents seen by Bloomberg News, as the former chipmaker expands its AI inference data center business.
- Company
- Groq
- Country
- USA
- Industry
- Technology
- Target market
- AI inference customers, particularly in cybersecurity
- Round
- Series B
- Use of funds
- Meet demand for inference compute through short- and medium-term contracts
- Company LinkedIn
- Groq
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