AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal

# Groq Raises $650M After Missing Out on Nvidia Deal Groq, an AI chip company, just secured $650 million in new funding after Nvidia chose to acquire a different company instead of buying them out. The company is doubling down on its cloud computing business and bringing in new leadership to compete in the booming AI market.