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Reuters

Reuters

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Technology

AI chip startup Groq secures $1.5 billion commitment from Saudi Arabia

Reuters
Summary
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79% Informative

Semiconductor startup Groq said it has secured a $1.5 billion commitment from Saudi Arabia .

Groq is known for producing AI inference chips that optimize speed and execute commands of pre-trained models.

The commitment was announced at Saudi 's global technology event, LEAP 2025 .

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English

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