"The market for AI compute is meaningful and Groq's vertically integrated solution is well positioned to meet this opportunity. We look forward to supporting Groq as they scale to meet demand and accelerate their innovation further," said Samir Menon, Managing Director, BlackRock Private Equity Partners.
"Samsung Catalyst Fund is excited to support Groq. We are highly impressed by Groq's disruptive compute architecture and their software-first approach. Groq's record-breaking speed and near-instant Generative AI inference performance leads the market," said Marco Chisari, Head of Samsung Semiconductor Innovation Center and EVP of Samsung Electronics.
"You can't power AI without inference compute. We intend to make the resources available so that anyone can create cutting-edge AI products, not just the largest tech companies. This funding will enable us to deploy more than 100,000 additional LPUs into GroqCloud. Training AI models is solved, now it's time to deploy these models so the world can use them. Having secured twice the funding sought, we now plan to significantly expand our talent density. We're the team enabling hundreds of thousands of developers to build on open models and - we're hiring," said Jonathan Ross, CEO and Founder of Groq.
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