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Following a high-profile 'not-acqui-hire' deal with NVIDIA, AI chipmaker Groq has raised $650 million in new funding to rebuild its team and pivot its business strategy. While NVIDIA acquired key IP and poached top talent including founder Jonathan Ross, Groq has responded by hiring new executives,

Following a reported $20 billion 'not-acqui-hire' deal with NVIDIA, AI chip startup Groq is reportedly seeking $650 million in new funding to advance its inference neocloud business. While the agreement involved key Groq executives joining NVIDIA and licensing its hardware technology, it did not con