Post by Groq

We've successfully raised $650 million in new capital to scale our inference cloud. We have strong conviction that inference will scale to be the largest and most consequential part of AI, and we've built the system that delivers the best value-to-performance for the most demanding AI applications. Moreover, industry heavyweights are joining our team. Alan Rice is joining us as COO, bringing 25+ years in hyperscale data-center operations from xAI and Meta. In addition, cloud experts Sinclair Schuller (CTO) and Rakesh Malhotra (CPO) recently joined as well. The pair are longtime partners who worked together at Apprenda, the enterprise cloud platform Schuller founded and later sold to Atos. They then co-founded Nuvalence, a software-engineering and digital-transformation firm acquired by EY in 2024. To read the full story, please read our announcement here:  https://lnkd.in/gSH-XaNp