Samsung Electronics was selected by Groq, a California-based startup that provides AI solutions, to be its new partner to bring the next-generation language processor unit (LPU) to the AI acceleration market.
Groq teamed up with Samsung Electronics so it can have the specific artificial intelligence chips it needs for its products. It was agreed that the latter will make four-nanometer chips for the AI solutions firm at a semiconductor facility located in Taylor, Texas. This plant will start its commercial operation within the latter half of 2024.
As per Aju Business Daily, AI semiconductors made with neural processing units are types of chips specially designed for processing AI-related applications. Each type of chip is subjected to a tricky customization process for the operation of AI applications in various industries, such as Internet of Things (IoT) sensor management and autonomous driving.
Groq confirmed that its AI chips are set to be made exclusively at Samsung's foundry plant in Texas, which Samsung is building using its $17 billion investment. The construction started in early 2022, and the target date for completion is in the first half of 2024.
"The first-gen Groq LPU was built for AI from the ground up, enabling Groq to consistently outperform graphics processors on AI and ML tasks,” Groq’s founder and chief executive officer, Jonathan Ross, said in a press release. “Our partnership with Samsung will allow us to continue that leap forward, by tapping into the most advanced semiconductor manufacturing technologies available."
Marco Chisari, Samsung Electronics executive vice president who is also serving as Samsung’s US Foundry business head and Samsung Semiconductor Innovation Center’s chief, also commented, "Samsung Foundry is committed to advancing semiconductor technology and bringing groundbreaking AI, HPC, and data center solutions to market. This relationship with Groq is another proof point of how we're using our advanced silicon manufacturing nodes to bring new AI innovation to market."
Photo by: Samsung Media Library


SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans
Gold Prices Dip as Markets Absorb Dovish Fed Outlook; Silver Eases After Record High
Gold Prices Hold Firm as Markets Await Fed Rate Cut; Silver Surges to Record High
Wall Street Futures Dip as Broadcom Slides, Tech Weighed Down Despite Dovish Fed Signals
GameStop Misses Q3 Revenue Estimates as Digital Shift Pressures Growth
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand
Trump Signs Executive Order to Establish National AI Regulation Standard
Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO
Intel’s Testing of China-Linked Chipmaking Tools Raises U.S. National Security Concerns
S&P 500 Slides as AI Chip Stocks Tumble, Cooling Tech Rally
ADB Approves $400 Million Loan to Boost Ease of Doing Business in the Philippines
Asian Stocks Slip Ahead of Fed Decision as China Deflation Concerns Deepen
Asian Stocks Slip as Oracle Earnings Miss Sparks AI Profitability Concerns
Fed Rate Cut Signals Balance Between Inflation and Jobs, Says Mary Daly
BOJ Expected to Deliver December Rate Hike as Economists See Borrowing Costs Rising Through 2025 



