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AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn’t yet final and terms could change.

Groq raised $640 million at a $2.8 billion valuation in August 2024, making this double the valuation in about a year. Groq previously raised about $1 billion.

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Congrates to Lightmatter & Nicholas Harris for making the 10 Hottest Semiconductor Startups Of 2025 (So Far)

LightMatter is leading the AI photonics infrastructure race for the 4th industrial age. Light is the future of all things AI. Driving exponential bandwidth and energy reduction.

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As AI moves from experiments to execution, the real competition is no longer about smart models. It’s about who controls the data layer beneath them.

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Groq’s CEO Jonathan Ross on why AI’s next big shift isn’t about Nvidia

“Right now, we’re in the printing press era of AI, the very beginning,” says Groq Founder & CEO Jonathan Ross.

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Groq just made Hugging Face way faster — and it’s coming for AWS and Google.

Hugging Face + Groq = Game Changer for Builders

Groq is now integrated into the Hugging Face Playground and API, unlocking the speed to bring your most ambitious ideas to life — faster than ever.

From smarter agents to real-time copilots, the future is yours to build.

#AI #artificialintelligence #huggingface

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Future-Proof Your Fraud & Risk Program with Best-in-Class AI Solutions for Fraud, Risk and Compliance with Fraud.Net

Outpace evolving threats in real-time with adaptive, AI-powered solutions that protect your business and empower you to grow with confidence with the power of Fraud.net AI.

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(via Groq Founder CEO Jonathan Ross Says Speed to Deployment Sets Its AI Inference Infrastructure Apart)

Groq CEO Jonathan Ross explains how the company differentiates itself from the competition in an interview with Bloomberg’s Caroline Hyde. With great insights into how Groq’s incredible rate of trajectory enabled their AI-inference platform to close an exclusive partnership with Bell AI Fabric, Canada’s largest sovereign AI infrastructure project. Speed matters in how you build, deploy and market to be one of the fastest growing AI companies.

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(via Groq’s CEO Jonathan Ross on why AI’s next big shift isn’t about Nvidia)

The race to better compete with AI chip darling Nvidia (NVDA) is well underway. Enter Groq. The company makes what it calls language processing units (LPUs). These LPUs are designed to make large language models run faster and more efficiently, unlike Nvidia GPUs that target training models. Groq’s last capital raise was in August 2024, when it raised $640 million from the likes of BlackRock and Cisco. The company’s valuation at the time stood at $2.8 billion, a fraction of Nvidia’s more than $3 trillion market cap. It currently clocks in at $3.5 billion, according to Yahoo Finance private markets data.

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(via Conduit Raises $36 Million Series A to Scale Use of Stablecoins for Cross-Border Payments)

Conduit transaction volumes surged 16x in 2024, surpassing $10 billion in annualized payment volume. It will use new funding to expand its geographic reach and increase the range of fiat and digital currencies supported through its innovative real-time global payment rails.

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(via Groq and Bell Canada partner to build 6 AI inference infrastructure data centers)

Groq Becomes Exclusive Inference Provider for Bell Canada’s Sovereign AI Network.

New data centers across North America expand Groq’s network, now serving over 20 million tokens per second

Groq, the pioneer in fast AI inference, today announced an exclusive partnership with Bell Canada to power Bell AI Fabric, the country’s largest sovereign AI infrastructure project.

Bell AI Fabric will establish a national AI network across six sites, targeting 500MW of clean, hydro-powered compute. It begins with a 7MW Groq facility in Kamloops, British Columbia, coming online in June.

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AlphaSense is now the AI platform of choice for the enterprise!

They’ve doubled their enterprise customer base and are on track for 6X growth in 2025. Why?

Because they deliver what matters most to enterprises: intelligence at scale powered by proprietary content, domain-aware AI, and enterprise-grade security.

“Our platform combines domain-trained AI, the broadest collection of business, financial, and internal content, and end-to-end workflow coverage – so our clients can go from discovery to decision faster, with full confidence in every insight.” - Stephen Lynch, EVP & GM of Enterprise Business

With a rapidly growing customer base and innovative features, see why Alphasense is setting a new standard for insights at scale.

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“The era of AI-native, agent-driven applications is reshaping what a database must do,” said Ali Ghodsi, Co-Founder and CEO at Databricks. Databricks, the Data and AI company, announced its intent to acquire Neon, a leading serverless Postgres company. As the $100-billion-plus database market braces for unprecedented disruption driven by AI, Databricks plans to continue innovating and investing in Neon’s database and developer experience for existing and new Neon customers and partners.

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A huge congratulations to the Neon database team on their $1B acquisition by DataBricks. We are thrilled to be a part of the journey at Trajectory Ventures and look forward to the next stage!

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Truly a gigantic innovative step forward for our planet and clean energy while cleaning the atmosphere with solar. Remarkable innovation.

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🚨 Fraud detection is not a solo mission

🔒 Fraud doesn’t happen in isolation

Neither should your defense

At Fraud.net, they’re protecting global organizations through our 🌐 Global anti-fraud Network.

In today’s complex landscape, working in silos with limited visibility of global fraud data and emerging threats is a challenge.

The powerful network of real time intelligence helps break through those barriers, delivering the clarity and confidence needed to act.

What this means for you:

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It’s about collective intelligence

It’s about stopping fraud before it impacts your revenue

Let’s connect the dots

🔗 More here: https://www.fraud.net/technology/global-anti-fraud-network

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Google’s Ad Tech Monopoly Ruling: What Happens Next?

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Octane.co surpassed $6 billion in aggregate originations! We’re thrilled to celebrate this milestone alongside the team, investors, and all of our stakeholders just 7 months after surpassing $5 billion in aggregate originations, and building on their momentum as they continue to innovate and grow!

http://Octane.co