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AI chip startup Groq secures $1.5b commitment from Saudi Arabia

AI chip startup Groq secures $1.5b commitment from Saudi Arabia

FILE PHOTO: Close up of the GroqNode product by Silicon Valley AI chip startup Groq, in Mountain View, California, U.S., July, 2022. Groq Inc./Mark Heaps/Handout via REUTERS/File Photo

US semiconductor startup Groq said on Monday it has secured a $1.5 billion commitment from Saudi Arabia to expand the delivery of its advanced AI chips to the country.

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