Author: OurCrowd

[Groq in MultiPlatform.ai] Groq’s $2.8 Billion Valuation: The AI Chip Startup Challenging Industry Giants

Groq, a cutting-edge AI chip startup based in Silicon Valley, is making significant strides following a successful Series D funding round that injected $640 million into the company, boosting its valuation to an impressive $2.8 billion. This latest round, led by Cisco Investments, Samsung Catalyst Fund, and BlackRock Private Equity Partners, underscores growing confidence in Groq’sGroq’s potential to enhance its AI semiconductor capabilities. CEO Jonathan Ross has outlined plans to use the new funds to expand the company’s computing capacity, essential for running sophisticated AI systems. Read...

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[Quantum Machines in Startup News] Quantum Machines announces inaugural adaptive quantum circuits conference

Quantum Machines, the leading provider of breakthrough quantum control solutions, today announced the inaugural Adaptive Quantum Circuits (AQC) conference, set to take place September 25-27, 2024, at the Ocean Edge Resort & Golf Club in Brewster, Massachusetts. This first-of-its-kind event will convene the foremost experts from industry, big tech, and top universities to advance the leading edge of hybrid quantum-classical methods. Read more...

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[Stellar Cyber in Oracle Cloud Infrastructure Blog] Drive efficiency with Stellar Cyber Open XDR platform on Oracle Government Cloud

Government security operations (SecOp) teams face unique challenges as they grapple with relentless attacks in an environment that can shift unexpectedly. The pressure intensifies in the government, and budgets are often constrained. This combination of factors creates a perfect storm of stress and uncertainty. SecOps leaders must find ways to ensure their teams can protect the environment when the unexpected happens. US federal, state, and local agencies can use Stellar Cyber’s Open XDR platform in the Oracle US Government Cloud to help deliver consistent security outcomes. Read more...

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