Secretive semiconductor startup Groq raises $52M from Social Capital

Groq has raised $52.3 million of a $60 million round, per an SEC filing. Social Capital co-founder and former Facebook executive Chamath Palihapitiya, who’s listed on the filing, has participated in the funding. Presumably, Palihapitiya’s investment came from Social Capital; the firm, which has been experiencing a boatload of personnel changes as of late, led Groq’s $10 […]

View More Secretive semiconductor startup Groq raises $52M from Social Capital

The AI chip startup explosion is already here

Business man in front of a huge screen with overlay of digital bric-a brac. All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI.
But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More

View More The AI chip startup explosion is already here

The AI chip startup explosion is already here

Business man in front of a huge screen with overlay of digital bric-a brac. All eyes may have been on Nvidia this year as its stock exploded higher thanks to an enormous amount of demand across all fronts: gaming, an increased interest in data centers, and its major potential applications in AI.
But while Nvidia’s stock price and that chart may have been one of the more eye-popping parts of 2017, a year when AI continued its march toward being omnipresent in… Read More

View More The AI chip startup explosion is already here