August 30, 2024
Global Brain has invested in Groq, Inc., a developer of fast AI inference
Global Brain has invested in Groq, Inc. (Groq), a leader in fast AI inference technology, through its KDDI Open Innovation Fund III (KOIF III).
Groq builds the “LPU™” AI inference technology, a hardware and software platform that delivers exceptional AI compute speed, quality, and energy efficiency. This technology enables developers to build and deploy the next generation of AI applications more affordably through the cloud-based GroqCloud.
Global Brain has decided to invest in Groq, recognizing its unique AI inference technology. Global PE and VC firms have also invested in this round, including BlackRock, Neuberger Berman, Type One Ventures, Cisco Investments, and Samsung Catalyst Fund. Through this investment, Global Brain will collaborate with KDDI to provide comprehensive support for Groq’s further business growth.
About Groq
- Location
- California, US
- CEO
- Jonathan Ross
- Founded
- 2016
- URL
- https://wow.groq.com/
About KOIF III
- Name
- KDDI Open Innovation Fund III
- General Partner
- Global Brain Corporation
- Fund Size
- JPY 30 billion
About Global Brain
- Location
- Tokyo, Japan
- Representative
- Yasuhiko Yurimoto
- Founded
- January 1998
- URL
- https://globalbrains.com/