Startup to chips Grq is in negotiations to collect $ 600 million to an evaluation of almost $ 6 billionSources tell Bloomberg, although the agreement is not yet final and the terms could change.
Grq Collected $ 640 million to $ 2.8 billion In August 2024, making this double the evaluation in about a year. Grq previously had collected about $ 1 billion.
The new round is led by the Austin Disruptive company, Bloomberg reports. The November round was led by Blackrock, with the participation of Neuberger Berman, Type One Ventures, Cisco, Kddi and Samsung Catalyst Fund.
Grq was founded by Jonathan Ross, who previously developed his chip of Tensor Elaboration Unit. Tea The startup emerged from furtivity in 2016.
This new increase like Grq Announced in May An exclusive partnership with Bell Canada to feed the large infrastructure project AI of Telco. In April, Grq Separated from Meta Offer artificial intelligence infrastructures to accelerate inference Llama 4. Nor Grq immediately returned our request for comment.
Correction: this story originally reported the date of the last increase.