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zachbee an hour ago

The interesting thing here isn't "how, logistically, is the Groq corporate entity able to raise more money?". That's straightforward.

Rather, the interesting thing and the topic of most of the article is "how, after Nvidia hired most of Groq's team and licensed all their IP, did Groq manage to convince investors to invest in the remaining corporate entity?"

fontain an hour ago | parent [-]

I thought you wrote the convincing explanation:

“One could argue that Groq’s datacenters alone could make them worth billions of dollars.”

Groq is a successful datacenter business with a high-revenue cloud product. That’s a compelling investment in its own right, right?

Ardren an hour ago | parent [-]

> Groq Launches European Data Center Footprint in Helsinki, Finland

https://groq.com/newsroom/groq-launches-european-data-center...

That sounds like they are renting racks in a Equinix data centre. Do Groq have 4 data centers worth billions?