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Groq, an Nvidia challenger that develops chips to power large language models, has talked to investors about raising between $300 million to $500 million at a $6 billion post-investment valuation, according to two people with direct knowledge of the fundraising effort.
The deal discussions come as the company told investors its revenue will more than quintuple this year. If completed, the deal would double the startupâs post-investment valuation of $2.8 billion from an equity financing a year ago.
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The Information
Turns out, the 90s never really left us as the beef between 'Street Fighter' and 'Mortal Kombat' has now extended to theaters. Read more âș
1,516 fresh
Dick Van Dyke , who celebrated his 100th on Saturday, hasn't shied away from sharing his advice for a long, healthy life. Read more âș
574 fresh
Rivian will launch an AI assistant in 2026 for all its EVs, enabling voice-based vehicle controls, third-party app support, and deeper software integration without requiring new hardware. Read more âș
499 fresh
Half-Life fans are nothing if not patient. For the diehard fans out there, the latest test of patience comes from Insider Gaming Weekly's podcast, which claimed that the third installment in the Half-Life franchise is set to release with the launch of the Steam Machine sometime in spring 2026. "The window I was specifically told was spring 2026 for the Steam Machine, for the Frame, for the Controller, for Half-Life... Read more âș
489 fresh
A one-size-fits-all approach doesn't work for parenting. Over 20 years, I've learned my kids all respond to different styles. Read more âș
358 fresh
The return of measles, weakening vaccines, and the complete destruction of the CDC are just a few of Kennedy's ignoble accomplishments in 2025. Read more âș
308
French President Emmanuel Macron has once again publicly congratulated Sandfall Interactive for Clair Obscur: Expedition 33, this time for securing a record-breaking nine wins at The Game Awards earlier this week. Read more Read more âș
250 fresh
Dell's commercial sales department is set to announce a wave of price hikes affecting RAM, storage, GPU, and monitor upgrades to all corporate clients starting on December 17, according to leaked internal documents. Read more âș
239 fresh
Letâs face it, the same thing happens year after year. Things get busy with work, school, and life in general until youâre suddenly up against the clock as you race your gifts to your local post office, FedEx store, or UPS location. Weâve all been there, but weâd like to help as you plan your [âŠ] Read more âș
209 fresh
Five lawsuits were filed in Texas this week, putting some of the biggest names in PC tech under an uncomfortable spotlight, as their components are still being found in Russian weaponry. Read more âș
187
90s and 00s kids likely grew up hearing voice actors Jim Ward, Jeff Garcia, and Julie Mayfield across the cartoons and games of their youth. Read more âș
168 fresh
JEDEC is nearing completion of SPHBM4, a standard that enables full HBM4 bandwidth over a 512-bit interface using a 4:1 serialization, reusing standard HBM DRAM dies and a base die. The tech promises to enable a 2.5D integration on organic substrates to support up to 64 GB per stack and more stacks than HBM4 and HBM4E. Read more âș
149 fresh
The Nissan Leaf was one of the first modern electric vehicles to go on sale, but Nissan has been slower to adopt plug-in hybrids. Itâs only just now getting one in its lineup, and only by borrowing from another automaker. At first glance, the 2026 Nissan Rogue Plug-In Hybrid seems like a straightforward addition to ... Read more âș
144 fresh
It's a small sample size, likely driven by Black Friday discounts and temporary virality, but the Nex Playground has gone from little-known console curiosity to best-seller. It's now on track to quadruple its sales from last year. According to research firm Circana, the Playground was the second best-selling console in the US for the week [âŠ] Read more âș
139 fresh
Even though Nintendo made some serious upgrades with the Joy-Con 2, you still might end up ditching them for CRKD's Nitro Deck 2. After winning over Nintendo Switch owners with its first Nitro Deck, CRKD followed it up with an improved design that works for both the original Switch and the Switch 2. To refine the original design, CRKD added several upgrades to the Nitro Deck 2 based on community... Read more âș
131 fresh
America, you have spoken loud and clear: You do not like AI. A Pew Research Center survey published in September found that 50 percent of respondents were more concerned than excited about AI; just 10 percent felt the opposite. Most people, 57 percent, said the societal risks were high, while a mere 25 percent thought [âŠ] Read more âș
130 fresh
I went Christmas tree shopping with my teens and was stunned by a $370 price tag. It sent me back to my childhood and our tiny cheap recycled tree. Read more âș
129 fresh
Lynne Austin was working as a telephone operator doing bikini contests as a side gig when she was approach with an opportunity that changed her life. Read more âș
112 fresh
A decade-long study of older women found that tea drinkers had slightly stronger bones, while moderate coffee drinking caused no harm. Heavy coffee intakeâover five cups a dayâwas linked to lower bone density, especially in women who consumed more alcohol. Teaâs benefits may stem from catechins that support bone formation. The researchers say small daily habits could make a meaningful difference over time. Read more âș
110 fresh
Sales of EVs in North America fell by 1% compared to last year, while China was up, confirming the fears of some US auto execs. Read more âș
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The Information
Is AI hurting American jobs? A bit, according to Federal Reserve Chair Jay Powell, whose comments Wednesday gave the AI fearmongers a good amount of material to work with.In a press conference, Powell said AI was âpart of the storyâ behind the worsening unemployment that prompted the Fed to lower interest rates for the second time in two months. But he was quick to also say it was ânot a... Read more âș
100
A small but growing number of artificial intelligence developers at OpenAI, Google and other companies say theyâre skeptical that todayâs technical approaches to AI will achieve major breakthroughs in biology, medicine and other fields while also managing to avoid making silly mistakes. That was the buzz last week among numerous researchers at the Neural Information Processing Systems conference, a key meetup for people in the field. Some of them believe... Read more âș
70
Nvidia has developed a new software feature with a location verification technology that could indicate which country its chips are operating in, Reuters reported. The feature, which hasnât been released yet, could make it possible for Nvidia to crack down on the smuggling of its artificial ... Read more âș
50
Lately, Maura Kellerâa Democrat running in Georgiaâs 3rd Congressional district in next yearâs midterm electionsâhas been going to community meetings where one topic comes up again and again âalmost on a weekly basisâ: data centers. Itâs not hard to understand why the subject has surged to the fore. Keller has seen the state transform over the past few years into a hub for data centers, as AI companies buy up... Read more âș
47
Over the past week, a handful of accounts on Polymarket, the predictions site, bet OpenAI would release a new large language model by December 13. On Thursday December 11, OpenAI released GPT-5.2, and four of these accounts together made over $13,000, according to the trades displayed on their accounts. The payout is adding fuel to suspicions that a handful of accounts on prediction sites such as Polymarket and Kalshi arenât... Read more âș
33
Step aside, young folks of tech. This week we hear from the industryâs, ah, elder statesmenâspecifically Larry Ellison at Oracle and Hock Tan from Broadcom, whose combined age is about 150. Oracle and Broadcom are each reporting their latest quarterly earnings this week, when the status of their newish AI businesses will be in the spotlight. In the case of Oracle, weâll be looking for an update on its AI-related... Read more âș
29
China on Wednesday gathered its biggest tech giants to discuss whether to allow them to buy Nvidiaâs advanced H200 chips, as President Donald Trumpâs recent decision to allow the export of the powerful hardware to the country suddenly complicated Beijingâs goal to become technologically self-sufficient. Officials convened a series of emergency meetings with representatives from companies including Alibaba Group, ByteDance and Tencent Holdings, and asked them to assess their demand... Read more âș
28
MGX, a United Arab Emiratesâbacked fund, is only a year old but has already become one of the biggest data center financiers in the world, leading the largest data center sale negotiated so far and quietly scooping up a stake in another provider with ties to OpenAI. MGX will be the biggest shareholder in Aligned Data Centers, one of the largest data center operators in the U.S., following its $40... Read more âș
23
OpenEvidence, which operates a ChatGPT-like product for doctors to find health information from medical journals and other trusted sources, is raising $250 million in equity financing that will value the three-year-old startup at $12 billion after the investment, doubling its last private valuation from a financing announced just two months ago, according to a person involved in the deal. If the deal closes, the Cambridge, Mass.-based company will become one... Read more âș
21
For AI agents to work properly in automating white-collar tasks, the companies developing the agents and the companies running the enterprise apps those agents use will need to agree on technical standards for how these technologies connect to each other.Some leading companies are preparing to do just that. As soon as this week, Anthropic, OpenAI, Google, Microsoft and a slate of other tech companies are set to announce a new... Read more âș
20
Most popular sources
Business Insider
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31% 7 |
Gizmodo
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13% 6 |
Tom's Hardware
|
10% 8 |
Financial Times
|
6% 4 |
The Verge
|
5% 1 |
| View sources » | |
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13.12.2025 16:54
Last update: 16:35 EDT.
News rating updated: 23:41.
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