Latest Groq News & Updates

See the latest news and media coverage for Groq. We track all announcements, press releases, and industry mentions in real time, all in one place.

Groq

Inference acceleration hardware and software

groq.com

Headquarters: Palo Alto, United States
Founded year: 2016
Company type: Private company
Number of employees: 50–350
Industry: IT Services & Consulting

Last updated Today

Latest news about Groq

In short: Groq raised $650M to scale its AI inference cloud and entered a landmark $20 billion technology licensing agreement with Nvidia.

Company announcements

June 22 Groq

Groq raises $650M to scale its AI inference cloud

The funding will accelerate expansion of its global AI inference cloud and scale toward 200 MW by 2027. Groq operates 13 data centers and serves over five million developers.

April 7 Groq

Groq powers Stash's AI Money Coach

It delivers personalized guidance to 1.4 million users, reducing request time by 37%, increasing requests by 10%, and cutting costs from $40K/month on OpenAI.

February 16 Groq

Groq expands GroqCloud with UK data center

Launches new UK facility with Equinix to reduce latency and support growing production workloads across Europe.

January 13 Groq

Groq announces Orpheus TTS support on GroqCloud

Includes English and Saudi Arabic models with low-latency inference, OpenAI-compatible endpoint, and character-based pricing.

Media coverage

July 6 Yahoo Finance

Groq s founder says his terrible leadership cost his company 3 to 4 years

Groq's founder said that he set his company back three to four years because of leadership...

June 30 Morningstar

Powerlaw Corp. (Nasdaq: PWRL) Highlights OpenAI Holding as Reports Suggest IPO...

Powerlaw Corp. (Nasdaq: PWRL), a publicly traded closed-end fund advised by Powerlaw Fund Adviser, LLC, today highlights its pre-IPO exposure to portfolio company OpenAI, which...

June 22 Bloomberg

Groq Raises $650 Million to Help Startup Pivot After Nvidia Deal

Groq will use the funds to expand data center capacity and transition into an AI computing provider.

June 18 TweakTown

AMD, Google, Tesla, and Groq turn to Samsung Foundry as TSMC runs out of capacity

TSMC's leading-edge capacity is locked up with NVIDIA, Apple, and Broadcom, making Samsung's available slots attractive despite trailing on yields.

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