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- 📝 Groq raising $600M
📝 Groq raising $600M
News of the Day
Groq, the AI chip startup founded by ex-Google engineer Jonathan Ross, is reportedly close to raising $600 million at a $6 billion valuation—more than double its $2.8 billion valuation from August 2024. Led by Disruptive, this new round would bring Groq’s total funding to nearly $1.6 billion, following previous investments from notable backers such as BlackRock, Samsung Catalyst, and Cisco. The raise follows strategic partnerships with Meta and Bell Canada to power AI infrastructure, as Groq positions itself as a serious challenger to Nvidia in the rapidly growing AI chip market.
This gold miner, with a pre-money valuation of only C$15 million, is completing a C$2 million pre-IPO equity raise to restart the Gold Road mine in Arizona, USA. The mine and mill, idled since 2021, are in excellent condition to capitalize on current high gold prices. Gold Road is Arizona's only fully permitted integrated gold mill and plans to list on the TSX.V this October. Management aims to reach 20,000 ounces of gold per year by 2025/26. This would generate over US$40 million EBITDA in 2026 and offer a substantial dividend yield paid in physical gold and silver, presenting significant upside from its current low valuation. Learn more. *
I have it on good record that Meta and Zuck indeed offered $1 BILLION offers over 4 years to some of the Thinking Machines team.
This is the highest any individual contributor was paid in liquid compensation in tech history.
— Deedy (@deedydas)
4:15 AM • Jul 30, 2025
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