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AGGREGATED External reporting by Bloomberg. This page summarizes the publisher's feed entry; the full article is on www.bloomberg.com.

Neocloud Groq Aims to Double Value to $8 Billion Amid AI Selloff

BLOOMBERG · Sridhar Natarajan and Natasha Mascarenhas ·

A top executive at data center operator Groq has kicked off an audacious bid to double its valuation in about three months while slamming rivals in the space for being too reliant on debt markets.

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