Latest posts
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Groq Raises $350 Million to Fund AI Inference Goals
Artificial intelligence (AI) inference company Groq has raised $350 million in new funding. The Series A round will help Groq support customers “seeking usage of medium and larger sized clusters of Nvidia accelerated computing for training and inference,” the company said in a news release Monday (Aug. 17). The round was led by tech investment…
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Cognition AI Eyes $40 Billion Valuation From New Funding
Cognition AI is reportedly planning a funding round that could more than double its valuation. The artificial intelligence (AI) coding startup is in discussion with investors about the round, which may lift its valuation to at least $40 billion, Bloomberg News reported late Tuesday (Aug. 11), citing sources familiar with the matter. This comes less than three months…