CEO Jonathan Ross said that it took the company years to find product-market fit, which led to a cash crunch before a funding round.

AI chip startup Groq has secured $1.5bn (SR5.6bn) commitment from Saudi Arabia to expand the delivery of its advanced AI inference infrastructure. The commitment was announced at the LEAP 2025 ...

Feb 10 (Reuters) - 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.

Groq recently secured $1.5 billion from Saudi Arabia to expand AI chip delivery to the country. Semiconductor startup Groq was once so close to going broke that the CEO took inspiration from the ...