{"id":841512,"date":"2024-08-06T09:29:58","date_gmt":"2024-08-06T03:59:58","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=841512"},"modified":"2024-08-06T09:29:58","modified_gmt":"2024-08-06T03:59:58","slug":"ai-chip-startup-groq-valued-at-2-8-billion-after-latest-funding-round","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/06\/ai-chip-startup-groq-valued-at-2-8-billion-after-latest-funding-round\/","title":{"rendered":"AI chip startup Groq valued at $2.8 billion after latest funding round"},"content":{"rendered":"<p>Semiconductor startup Groq said on Monday it has raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private Equity Partners, among others, bringing its valuation to $2.8 billion.<\/p>\n<p>The Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing AI inference chips &#8211; a type of semiconductor that optimizes speed and executes commands of pre-trained models.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Semiconductor startup Groq said on Monday it has raised $640 million in a Series D funding round led by Cisco Investments, Samsung Catalyst Fund and BlackRock Private Equity Partners, among others, bringing its valuation to $2.8 billion. The Silicon Valley firm, founded by a former Alphabet engineer, specializes in producing AI inference chips &#8211; a type of semiconductor that optimizes speed and executes commands of pre-trained models.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-841512","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841512","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=841512"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/841512\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=841512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=841512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=841512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}