Unicorn News
September 2, 2024
Groq Unicorn News - September 02, 2024
Groq and Cerebras are making significant strides in the AI inference chip market, challenging Nvidia's dominance. Groq has raised $640 million, while Cerebras has unveiled a new, fast inference chip. Tune in for detailed insights on this competitive landscape.
() Introduction
() Groq and Cerebras Challenge Nvidia in AI Inference Chip Market
Groq, a company founded by former Google employees, has raised $640 million in August, reaching a valuation of $2.8 billion, positioning itself to compete directly with Nvidia in the AI inference chip market. Concurrently, Cerebras, known for its large AI training chips, announced the development of a new, equally large inference chip, claimed to be the fastest on the market. This announcement, reported on September 1, 2024, highlights the intensifying competition in the AI inference chip market as companies like Groq and Cerebras challenge Nvidia's dominance.
