What AI bubble? Groq rakes in $640M to grow inference cloud
In the gold rush, be the one handing out the shovels Even as at least some investors begin to question the return on investment of AI infrastructure and services, venture capitalists appear to be doubling down. On Monday, AI chip startup Groq - not to be confused with xAI's Grok chatbot - announced it had scored $640 million in series-D funding to bolster its inference cloud....