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Aug
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More Groq, a leader in AI inference technology, has raised $640 million in a Series D funding round, signaling a major shift in the artificial intelligence infrastructure landscape. The investment values the company at $2.8 billion and was led by BlackRock Private Equity Partners, with participation from Neuberger Berman, Type One Ventures, and strategic investors such as Cisco, KDDI, and Samsung Catalyst Fund. The Mountain View-based company will use the funds to rapidly scale its capacity and accelerate the development of its…