Artificial intelligence company Groq received $640 million investment with a valuation of $2.8 billion

artificial intelligence company Grok, $640 million received investment. The company’s $640 million investment Blackrock directed. The amount of investment the company has received so far over 1 billion dollars output. Groq’s valuation is to $2.8 billion rose. In the investment tour of the US-based company Neuberger Berman, Type One Ventures, Cisco, KDDI ve Samsung Catalyst Fund took place.

Groq made the new investment to produce new generation chips, GroqCloud It announced that it will use its platform to expand, market, develop business and establish strategic partnerships.

in 2016 Jonathan Ross Founded by Groq, it mainly produces specialized chips to run artificial intelligence models. These chips run artificial intelligence models faster and more energy efficiently than traditional processors, especially by using technology called the language processing unit, or LPU.

Groq’s chips can run large language models like OpenAI’s ChatGPT quickly and efficiently. The company also offers a platform called GroqCloud. This platform allows developers to work with different AI models using Groq’s chips. Groq aims to provide solutions for large companies and the public sector, integrating its chips into data centers or building new data centers.

The chips developed by Groq can run artificial intelligence models much faster and more energy-efficiently than traditional processors. This enables large and complex artificial intelligence models to run faster and be used at a lower cost.

It should be noted that Groq’s technology is ideal for applications that require high computing power, such as generative artificial intelligence models. These models are used in areas such as natural language processing, rendering, and other creative tasks.

Groq competes with major rivals like Nvidia in the AI ​​chips market. The company cooperates with companies such as Global Foundries, Carahsoft, Aramco Digital.