Saudi Arabia, AI and Groq

AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia
U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.
AI model-optimized chip developer Groq receives $1.5B commitment from Saudi Arabia
Last year, Groq announced an initiative to build an AI data center in Dammam, Saudi Arabia. The facility is optimized for inference, or the task of running neural networks in production after they’re trained. According to Reuters, the $1.5 billion commitment announced this week will go toward expanding the data center.
Saudi Arabia Pours $1.5B into US AI Chip Pioneer Groq, Signaling Global Tech Power Shift
The post Saudi Arabia Pours $1.5B into US AI Chip Pioneer Groq, Signaling Global Tech Power Shift appeared first on Android Headlines.
Startup Groq secures $1.5bn AI chip investment
Groq expects to receive the latest funds throughout this year to expand its Dammam data centre in Saudi Arabia.
Saudi Arabia Commits $1.5 Billion to Expand AI Infrastructure with Groq
Saudi Arabia has announced a $1.5 billion investment in Silicon Valley-based AI startup Groq to expand AI inference infrastructure in the region.
Groq secures $1.5bn from Saudi Arabia to expand AI inference infrastructure in the region
AI chip company Groq has secured a $1.5 billion investment from Saudi Arabia to expand AI inference infrastructure in the country. The chip company has an existing partnership with Aramco Digital in the region, under which Groq will provide the necessary scalable infrastructure to bring the voice-commanded generative AI model Norous to market.
Nvidia (NVDA) Competitor Groq Secures $1.5B Investment from Saudi Arabia
Groq, a company that specializes in artificial intelligence semiconductors and is generally seen as a competitor to chipmaker Nvidia (NVDA),
US chip firm Groq secures $1.5bn Saudi expansion as Paris weighs AI rules
By bnm Gulf bureau US semiconductor startup Groq has secured a $1.5bn commitment to expand its artificial intelligence chip deliveries to Saudi Arabia, as global leaders gather in Paris to discuss AI regulations,
EnCharge AI raises over $100 million in funding to bring AI inference chips to market
Startup EnCharge AI raised more than $100 million in a Series B funding round led by Tiger Global to bring more efficient and less expensive AI chips to the market, the company said on Thursday. The ...
Business Times2d
AI chip startup Groq secures US$1.5 billion commitment from Saudi Arabia
US SEMICONDUCTOR startup Groq said on Monday (Feb 10) it has secured a US$1.5 billion commitment from Saudi Arabia to expand ...