Last year, Groq announced an initiative to build an AI data center in Dammam, Saudi Arabia. The facility is optimized for ...

During the latest LEAP 2025 event, US chip startup Groq secured up to $1.5 billion in investments from Saudi Arabia.

Groq and Aramco Digital formalised a partnership to construct the data centre in September 2024, at the time noting benefits for Saudi Arabian digital transformation goals and the Kingdom’s position ...

AI chip startup Groq has secured $1.5bn (SR5.6bn) commitment from Saudi Arabia to expand the delivery of its advanced AI inference infrastructure. The commitment was announced at the LEAP 2025 ...

FILE PHOTO: Close up of the GroqNode product by Silicon Valley AI chip startup Groq, in Mountain View, California, U.S., July, 2022. Groq Inc./Mark Heaps/Handout via REUTERS THIS IMAGE HAS BEEN ...

Groq, a company that specializes in artificial intelligence semiconductors and is generally seen as a competitor to chipmaker Nvidia (NVDA), has secured a significant investment from Saudi Arabia ...

Feb 10 (Reuters) - U.S. semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.

In a recent development, US AI chip startup Groq has secured $1.5 billion in investment from Saudi Arabia. Groq (not to be confused with Grok, the AI-powered assistant available through X/Twitter ...