Top News Today: Nvidia Scales Groq AI Chip Production, Factorial Explores $200M Funding Round

Nvidia partners with Samsung to expand Groq AI chip production as demand for energy-efficient inference processors grows
Top News Today: Nvidia Scales Groq AI Chip Production, Factorial Explores $200M Funding Round
Written By:
Anudeep Mahavadi
Reviewed By:
Sankha Ghosh
Published on

Good morning, tech fam; here are some quick tech updates for you to catch up on!

What’s New Today: Nvidia asked Samsung to scale production of Groq AI inference chips, highlighting rising demand and supply challenges across the semiconductor industry.

Fast-Track Insights: Factorial is exploring a funding round that could raise $200 million and double its valuation to $2 billion.

Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories, from Nvidia Expands Groq AI Inference Chip Production With Samsung to Data Factory Lead Role at Mondelēz International Mumbai.

Nvidia Boosts Groq AI Chip Production

Nvidia has asked Samsung Electronics’ foundry division to increase production of Groq-designed AI inference chips as demand rises for energy-efficient processors. Samsung will expand wafer output from 9,000 units to 15,000 using its 4-nanometer process. Groq’s Language Processing Unit focuses on inference workloads and uses on-chip SRAM instead of high-bandwidth memory. The shift reflects growing industry pressure to avoid GPU supply bottlenecks and manage rising component costs.

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Factorial Eyes $200M Funding Round

Barcelona-based Factorial is exploring a new funding round that could raise up to $200 million and double its valuation to about $2 billion. The HR software company helps businesses manage payroll, recruitment, leave, and training from one platform. Founded in 2016, Factorial reached $100 million in annual recurring revenue last year. If the funding succeeds, it could become one of Spain’s most valuable startups.

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Data Factory Lead Role at Mondelez

Mondelez International has opened a position for a Solution Delivery Expert who will manage Data Factory operations in its Data Management Services team located in Mumbai. The role focuses on managing data migration, master data management, and integration across SAP and non-SAP systems. The team must manage vendor relationships while supervising project execution and data transformation projects. Candidates should bring strong project leadership, data migration expertise, and experience with tools like Syniti, Talend, and SAP S/4HANA platforms. 

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AI Agents Reshaping the Future of Banking

The financial sector uses AI agents to analyze data, manage investments, detect fraud, and execute automated transactions. Financial institutions are quickly implementing these systems to achieve better operational results, lower expenses, and improve customer service quality. The article shows that banks are developing into modern institutions because artificial intelligence enables them to provide their customers with new banking services in response to upcoming changes in the financial industry.

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Solana ETFs Attract Strong Institutional Demand

Solana ETFs have attracted $1.45 billion in net inflows since launching in July 2025, despite the token’s price falling more than 57%. The continuous investment flow shows that institutional investors have high confidence because they keep buying assets during market declines. Analysts say the buying pressure, when adjusted for market size, rivals early Bitcoin ETF demand, indicating long-term conviction and the potential for a future price rebound.

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