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Saudi Arabia Announces $1.5 Billion Expansion to Fuel AI-powered Economy with AI Tech Leader Groq

02/10/2025

Mountain View, California & Riyadh, Saudi Arabia – February 10, 2025 – Silicon Valley AI pioneer Groq has secured a $1.5 billion commitment from the Kingdom of Saudi Arabia (KSA) for expanded delivery of its advanced LPU-based AI inference infrastructure. Announced at LEAP 2025, this major agreement advances the Kingdom’s...

Aramco Digital and Groq Announce Progress in Building the World’s Largest Inferencing Data Center in Saudi Arabia Following LEAP MOU Signing

09/12/2024

Mountain View, CA & Riyadh, Saudi Arabia – 12 September 2024 – Following the signing of a Memorandum of Understanding (MoU) during LEAP, Aramco Digital, the digital and technology subsidiary of Aramco, and Groq, a leader in AI inference and creator of the Language Processing Unit (LPU), announced their partnership...

Groq Raises $640M To Meet Soaring Demand for Fast AI Inference

08/06/2024

Groq to Scale Capacity, Add Exceptional Talent, and Accelerate the Next Gen LPU™ Mountain View, Calif. – August 5, 2024 – Groq, a leader in fast AI inference, has secured a $640M Series D round at a valuation of $2.8B. The round was led by funds and accounts managed by...