Funding

CloudPay, a payroll services provider, lands $120M in new funding

In 1996, two companies, Patersons HR and Payroll Solutions, formed a venture called CloudPay to provide payroll and payments services to enterprise clients....

AI chip startup Groq lands $640M to challenge Nvidia

Groq, a startup developing chips to run generative AI models faster than conventional processors, said on Monday that it’s raised $640 million in...

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