{"id":945183,"date":"2025-07-10T07:26:45","date_gmt":"2025-07-10T01:56:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=945183"},"modified":"2025-07-10T07:39:46","modified_gmt":"2025-07-10T02:09:46","slug":"groq-eyes-6-billion-valuation-after-1-5-billion-saudi-ai-chip-deal","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/10\/groq-eyes-6-billion-valuation-after-1-5-billion-saudi-ai-chip-deal\/","title":{"rendered":"Groq eyes $6 billion valuation after $1.5 billion Saudi AI chip deal"},"content":{"rendered":"<p>Groq is a U.S. semiconductor startup that makes special AI chips used for running AI tasks very fast. The company is talking to investors to raise $300 million to $500 million. If this works out, Groq&#8217;s valuation would go up to $6 billion after the investment. <\/p>\n<p>The money is needed to deliver on a deal with Saudi Arabia that was signed recently. Back in February 2024, Saudi Arabia promised $1.5 billion to help Groq deliver more of its AI chips to them, according to the report by Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Groq is a U.S. semiconductor startup that makes special AI chips used for running AI tasks very fast. The company is talking to investors to raise $300 million to $500 million. If this works out, Groq&#8217;s valuation would go up to $6 billion after the investment. The money is needed to deliver on a deal with Saudi Arabia that was signed recently. Back in February 2024, Saudi Arabia promised $1.5 billion to help Groq deliver more of its AI chips to them, according to the report by Reuters.<\/p>\n","protected":false},"author":8,"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-945183","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\/945183","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\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=945183"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/945183\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=945183"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=945183"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=945183"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}