Latest news with #GroqCloud
Miami Herald
07-07-2025
- Business
- Miami Herald
Groq AI to open its first European data center in Finland
July 7 (UPI) -- The AI company Groq announced Monday it is set to establish its first-ever European data center. It already has a presence in the United States, Canada and Saudi Arabia, but its global network will soon stretch to Helsinki, Finland. "As demand for AI inference continues at an ever-increasing pace, we know that those building fast need more - more capacity, more efficiency, and with a cost that scales," said Groq CEO and Founder Jonathan Rossin a press release. "With our new European data center, customers get the lowest latency possible and infrastructure ready today." "We're unlocking developer ambition now, not months from now," he added. Backed by investment from Samsung and Cisco, the expansion is expected to bring AI inference capacity closer to its users across Europe, which will increase the speed of response times but diminish latency and provide sturdy data management. The move to Helsinki is being done in conjunction with the digital infrastructure company Equinix, and not only will this move better solidify the relationship between Equinix and Groq but allow users of Equinix's Fabric network to drop inference workloads into the GroqCloud platform. It will also provide inference access through Equinix Fabric's infrastructure for new American clients as well as those in Europe, Africa and the Middle East. "Combining Groq's cutting-edge technology with Equinix's global infrastructure and vendor-neutral connectivity solutions enables efficient AI inference at scale," said Managing Director for the Nordics at Equinix in the release. "Our customers at Equinix will be able to securely tap into GroqCloud and lead on innovation within their enterprise." Copyright 2025 UPI News Corporation. All Rights Reserved.
UPI
07-07-2025
- Business
- UPI
Groq AI to open its first European data center in Finland
The AI company Groq announced Monday it is set to establish its first-ever European data center in Finland. File Photo by Finland's President Press Office/UPI | License Photo July 7 (UPI) -- The AI company Groq announced Monday it is set to establish its first-ever European data center. It already has a presence in the United States, Canada and Saudi Arabia, but its global network will soon stretch to Helsinki, Finland. "As demand for AI inference continues at an ever-increasing pace, we know that those building fast need more - more capacity, more efficiency, and with a cost that scales," said Groq CEO and Founder Jonathan Ross in a press release. "With our new European data center, customers get the lowest latency possible and infrastructure ready today." "We're unlocking developer ambition now, not months from now," he added. Backed by investment from Samsung and Cisco, the expansion is expected to bring AI inference capacity closer to its users across Europe, which will increase the speed of response times but diminish latency and provide sturdy data management. The move to Helsinki is being done in conjunction with the digital infrastructure company Equinix, and not only will this move better solidify the relationship between Equinix and Groq but allow users of Equinix's Fabric network to drop inference workloads into the GroqCloud platform. It will also provide inference access through Equinix Fabric's infrastructure for new American clients as well as those in Europe, Africa and the Middle East. "Combining Groq's cutting-edge technology with Equinix's global infrastructure and vendor-neutral connectivity solutions enables efficient AI inference at scale," said Managing Director for the Nordics at Equinix in the release. "Our customers at Equinix will be able to securely tap into GroqCloud and lead on innovation within their enterprise."
Leaders
08-04-2025
- Business
- Leaders
Llama 4 to Power AI Advancements Across MENA, Europe from Dammam
In a major milestone for Saudi Arabia's ambitions to become a global AI hub, Groq—working in partnership with Meta—has launched the latest large language model, Llama 4, leveraging its cutting-edge infrastructure in Dammam. The Ministry of Communications and Information Technology announced that this move aligns with the Kingdom's strategic vision to lead in digital innovation and emerging technologies across the Middle East, North Africa, and Europe. Moreover, following Meta's exclusive release of its open-source AI models, Llama 4 Scout and Maverick, on GroqCloud in Saudi Arabia, developers in the region now have full access to the latest generation of open-source AI tools. Llama 4 is now serving users across MENA and Europe, delivering high-performance AI inference capabilities and expanding access to advanced generative technologies. The launch marks a significant step in positioning Saudi Arabia as a leader in AI infrastructure, following the February activation of the region's largest inference cluster in Dammam. Groq founder and CEO Jonathan Ross stated, 'We built Groq to reduce compute costs to near zero, and with Llama 4, we're providing unmatched inference speed and efficiency—without compromise.' Tariq Amin added, 'Integrating Llama 4 with Groq's platform represents a major leap in Saudi Arabia's path toward technological leadership.' At LEAP 2025, Groq further announced a $1.5 billion investment, in collaboration with Aramco Digital, to establish the world's largest AI inference center in the Kingdom. Finally, this initiative will scale Groq's infrastructure, expand GroqCloud services, and enable processing of billions of tokens daily. Related Topics : Saudi Arabia Joins 3rd Annual International Camel Parade in Paris SDAIA: AI's Role in Boosting Returns, Sustainability in Sports Investment Saudi Arabia, China Collaborate on Arabic AI System Cairo to Host French-Egyptian-Jordanian Summit on Gaza Short link : Post Views: 31
Associated Press
05-04-2025
- Business
- Associated Press
Llama 4 Live Day-Zero on Groq at Lowest Cost
MOUNTAIN VIEW, Calif., April 5, 2025 /PRNewswire/ -- Groq, the pioneer in AI inference, has launched Meta's Llama 4 Scout and Maverick models, now live on GroqCloud™. Developers and enterprises get day-zero access to the most advanced open-source AI models available. That speed is possible because Groq controls the full stack—from our custom-built LPU to our vertically integrated cloud. The result: models go live with no delay, no tuning, and no bottlenecks—and run at the lowest cost per token in the industry, with full performance. 'We built Groq to drive the cost of compute to zero,' said Jonathan Ross, CEO and Founder of Groq. 'Our chips are designed for inference, which means developers can run models like Llama 4 faster, cheaper, and without compromise.' Lowest Cost Per Token — Without Compromise With Llama 4 models live, developers can run cutting-edge multimodal workloads while keeping costs low and latency predictable. Llama 4 Scout: $0.11 / M input tokens and $0.34 / M output tokens, at a blended rate of $0.13 Llama 4 Maverick: $0.50 / M input tokens and $0.77 / M output tokens, at a blended rate of $0.53 See Groq pricing here. About the Models Llama 4 is Meta's latest open-source model family, featuring Mixture of Experts (MoE) architecture and native multimodality. Llama 4 Scout (17Bx16E): A strong general-purpose model, ideal for summarization, reasoning, and code. Runs at over 460 tokens per second on Groq. Llama 4 Maverick (17Bx128E): A larger, more capable model optimized for multilingual and multimodal tasks—great for assistants, chat, and creative applications. Build Fast with Llama 4 on GroqCloud Llama 4 Scout and Maverick are accessible through: GroqChat Start building today at Free access is available, or upgrade for worry-free rate limits and higher throughput. About Groq Groq is the AI inference platform delivering low cost, high performance without compromise. Its custom LPU and cloud infrastructure run today's most powerful open-source models instantly and reliably. Over 1 million developers use Groq to build fast and scale with confidence.
Yahoo
10-02-2025
- Business
- Yahoo
Saudi Arabia Just Poured $1.5 Billion Into AI--And This Startup Is Leading the Charge
Groq, Nvidia (NASDAQ:NVDA) competitor, just locked in a game-changing $1.5 billion investment from Saudi Arabia, marking a major push into the AI race. Announced at the LEAP 2025 tech conference, this deal cements Groq's partnership with Aramco Digital and supercharges Saudi Arabia's ambition to dominate AI. With this backing, Groq is scaling up its AI inferencing platform, already the largest in the Middle East, opening the floodgates for businesses, researchers, and developers to access cutting-edge AI capabilities. Warning! GuruFocus has detected 3 Warning Signs with NVDA. The company's second GroqCloud region is set to deliver a compute capacity of 25 million tokens per second by the end of March, powered by 19,000 language processing units. Tareq Amin, the former CEO of Aramco Digital, called it a pivotal move in making AI more accessible and affordable at scale. Groq's trajectory has been nothing short of explosiveafter securing a $2.8 billion valuation in August, it's now riding the wave of Saudi Arabia's broader $14.9 billion AI investment spree. This isn't just about AI chipsthis is Saudi Arabia making a statement. The Kingdom is betting big on AI and cloud computing, and Groq's expansion puts it at the heart of this transformation. With funding pouring in and partnerships deepening, Groq isn't just a startup anymoreit's becoming a key player in AI infrastructure, reshaping the competitive landscape and positioning Saudi Arabia as a serious contender in the global AI revolution. This article first appeared on GuruFocus. Sign in to access your portfolio
