Global Alternative Investment Management LLC (“Global Alts”) recently closed its latest venture capital fund, Global Alts SPV LLC-Groq AI, which focuses on investing in Groq, a leading AI technology company. The Fund participated in Groq’s recent $640M Series D round, with backing from prominent investors like BlackRock Private Equity Partners, Neuberger Berman, and Cisco Investments among others.
Groq specializes in fast AI inference technology, providing exceptional speed, quality, and energy efficiency in AI compute processes. Headquartered in Silicon Valley, Groq’s innovative LPU™ AI inference platform has garnered significant interest from developers due to its exceptional performance. The company’s products are designed and manufactured in North America, offering cloud and on-prem solutions for AI applications.
Global Alts, on the other hand, aims to offer unique alternative investment opportunities to its clients on a global scale. With a focus on transformative and disruptive businesses, the company specializes in late-stage global technology venture capital and financial technology investments. Since its inception in 2021, Global Alts has launched six funds targeting various sectors, including Indian-based companies.
For press and investment inquiries, interested parties can reach out to the Chief Investment Officer at Global Alts. It’s important to note that the press release is for informational purposes only and does not constitute an offer to sell shares or securities. Any interests in alternative investment vehicles are offered only to accredited and/or qualified investors based on the terms outlined in a private placement memorandum.
Investing in alternative investments involves inherent risks and potential loss of capital, as investments are not insured or guaranteed unless stated otherwise. For more information on the risks associated with alternative investments, interested parties can visit the Global Alts website.
Global Alternative Investment Management LLC remains dedicated to providing tailored investment solutions for high-net-worth families, foundations, and endowments. With a team of experienced professionals and a history of successful sourcing and managing alternative investments, Global Alts is committed to delivering personalized and strategic investment opportunities to its clients.
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