INSUBCONTINENT EXCLUSIVE:
Groq has raised $52.3 million of a $60 million round, per an SEC filing
Social Capital co-founder and former Facebook executive Chamath Palihapitiya, who listed on the filing, has participated in the
funding.Palihapitiya confirmed Social Capital participation in the round to TechCrunch and said a few other undisclosed investors
Social Capital, which has been experiencing a boatload of personnel changes as of late, alsoled Groq $10 million investment in April 2017
Groq is developing a tensor processing unit — which is an integrated circuit developed for machine learning specifically
There not much other info out there; the company doesn&t have much of a website or any promotional materials available for public viewing.In
addition to Palihapitiya, two other names are listed on the most recent filing
That the company CTO Jonathan Ross, who spent about five years as a hardware engineer at Google and co-founded the search giant Tensor
Processing Unit (TPU), which is responsible for its custom ML chip.The other name is Douglas Wightman, a former software engineer at Google
His LinkedIn profile says he Groq CEO.The AI chip startup explosion is already herePalihapitiya has spoken publicly about the project
before, telling CNBC last year that he was &really excited about Groq.&&It too early to talk specifics, but we think what they&re building
could become a fundamental building block for the next generation of computing,& he said.The company has reportedly poached several people
