Jonathan Ross is the founder and chief executive officer (CEO) of Groq, an AI chip startup. Ross is a seasoned entrepreneur who has built a billion-dollar company from the ground up. Groq recently acquired significant funding in a Series D round. Its valuation is now $2.8 billion.Â
The company focuses on chips designed specifically for AI inference, which involves applying learned knowledge to new situations. Its custom-designed chips are optimized for machine learning and can process large amounts of data in real-time, with low power consumption. The Silicon Valley startup is now aiming to challenge established giants in the industry like NVIDIA.
This article will look into Groq’s founder, Jonathan Ross’s net worth, education, career, and more.
Douwe Kiela Net Worth – Contextual AI CEO
Jonathan Ross Net Worth
Unfortunately, we do not have any reliable information available on Jonathan Ross’s net worth. We will update this section as soon as we come across any credible source regarding Ross’s personal wealth.
However, it is worth mentioning that Groq is a billion-dollar firm, currently valued at over $2 billion. So, as the founder and CEO, Jonathan Ross must hold enough stake in the company.
Daphne Koller Net Worth – CEO and Founder of insitro
Education
Jonathan Ross went to New York University, where he enrolled in the Honors Mathematics and Honors Computer Science programs.
Demonstrating exceptional aptitude, he became the first undergraduate in Computer Science to gain permission to enroll in courses typically reserved for Ph.D. candidates.
Despite his promising academic path, Ross ultimately decided to leave the university before completing his degrees, choosing to drop out and pursue other opportunities.
Noam Shazeer Net Worth – Renowned AI researcher and entrepreneur
Career
Jonathan Ross began his career as the Head of Research & Development at Pacmid LLC in 2009. There he led the development of a stock market feed handler that drastically reduced latency.Â
He then joined Google as a Software Engineer in March 2011, co-founding and leading a novel testing framework for distributed systems and beginning the development of the Tensor Processing Unit (TPU).
From 2013 to 2015, Ross served as a Hardware Engineer and Co-Founder of the TPU project, contributing to the core architecture and implementation of Google’s custom machine learning chip.
Jonathan Ross then moved to Google X, working as a Rapid Evaluator for almost a year, focusing on computation, machine learning, biology, and mechanical engineering projects.
In September 2016, he co-founded Groq and served as its CTO until 2018. He was then appointed as the firm’s CEO, a position he has held since.
Under his leadership, Groq has focused on developing AI chips designed for inference and has faced challenges and growth opportunities in the competitive AI hardware market.
Fabian Jakobi Net Worth – CEO of Interloom, A German AI Startup
Latest Updates
In February, Groq introduced a chatbot on its website that claimed to set speed records for generating responses using open-source models like Meta’s Llama. A developer then shared a short video on X, showcasing how Groq, with an LLM from Paris-based startup Mistral, could provide lengthy answers in under a second. This quickly attracted thousands of developers eager to use Groq’s powerful AI chips. Now, 300,000 developers are accessing Groq’s AI solutions and hardware through its cloud service.
This move was responsible for Groq raising a staggering $640 million in a Series D funding round, bringing its valuation to $2.8 billion. The round was led by BlackRock Private Equity Partners and included investments from Cisco Investments and the Samsung Catalyst Fund.Â
Arjun Pillai Net Worth: Co-founder and CEO of DocketAI – AI Sales Engineer Company
FREQUENTLY ASKED QUESTIONS
Who is the CEO of Groq?
The CEO of Groq is Jonathan Ross. Ross founded the company in 2016 and assumed the position of CEO two years later, in 2018.
How many employees does Groq have?
Currently, Groq has around 250 employees. However, Groq’s AI solutions and hardware are accessed by more than 300,000 developers worldwide.
How much is Groq worth?
As of August 2024, Groq’s valuation is $2.8 billion. The AI startup recently acquired $640 million in a Series D Funding round led by BlackRock Private Equity Partners.
Is Groq better than Nvidia?
Groq has shown immense progress in its AI chips in the past few months and also raised significant funding recently. Despite the competition getting stronger, NVIDIA still remains the dominant force in the AI chip industry.
