Friday, October 3, 2025

AI chip startup Groq, last valued at $6.9B, says it plans to break ground on 12+ new data centers in 2026; Groq has set up 12 data centers in 2025 so far (Kimberley Kao/Wall Street Journal)

Kimberley Kao / Wall Street Journal:
AI chip startup Groq, last valued at $6.9B, says it plans to break ground on 12+ new data centers in 2026; Groq has set up 12 data centers in 2025 so far  —  The company, which makes chips and software to run artificial-intelligence models, was last valued at $6.9 billion



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Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on sales; 80+ smartphone models saw price hikes of ~15% (Abhinav Parmar/Reuters)

Abhinav Parmar / Reuters : Counterpoint: India's smartphone shipments fell 3% YoY in Q1 2026, a six-year low, as price hikes weigh on...