alt.hn

6/22/2026 at 2:43:39 PM

Groq Raises Another $650M

https://groq.com/newsroom/groq-raises-usd650m-to-scale-its-ai-inference-cloud-business

by FinnLobsien

6/22/2026 at 5:44:34 PM

do you think they thought it was the other one :^)

by 9p

6/22/2026 at 8:39:06 PM

I'd be more inclined to invest in Groq over the other one. Not only because I think xAI is a bit of a joke compared to the other frontier models (before even getting into morals) but because Groq is doing something truly interesting whereas xAI is just a "me too" offering that is more of a datacenter reseller than a frontier lab at this point.

by joshstrange

6/23/2026 at 1:56:49 PM

Idk, they got all of Cursor's data, they could be finally cooking up a good coding model. They can poach or acquire talent, and they have plenty of hardware and data now.

by _menelaus

6/22/2026 at 8:23:12 PM

I know you are joking but I am now seriously wondering if some investors might invest in such typo companies.

Probably really really silly I know/imagine, but you never really know.

after all, there are companies which are getting investment after just naming themselves AI.

Relevant article: https://www.nytimes.com/2026/04/15/us/allbirds-shoes-ai-pivo...

by Imustaskforhelp

6/23/2026 at 5:47:39 AM

didnt nvidia buy them ?

by sciencesama

6/23/2026 at 7:28:31 AM

It was one of those weird “licensing deals” where Nvidia got some of the tech and the founders joined Nvidia, but the company continues to exist independently.

So I assume this is the non-Nvidia Groq.

by FinnLobsien