Groq closes $350 million Series A round
The valuation reaches $3.5 billion with leadership from Disruptive and NVIDIA participation to expand inference infrastructure globally.
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AI inference cloud and acceleration platform
groq.comLast updated
In short: Groq raised $650 million to expand its AI inference cloud after Nvidia's $20 billion licensing deal.
The valuation reaches $3.5 billion with leadership from Disruptive and NVIDIA participation to expand inference infrastructure globally.
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.
Includes English and Saudi Arabic models with low-latency inference, OpenAI-compatible endpoint, and character-based pricing.
Groq's founder, president, and team join Nvidia to advance the technology. Groq continues independently with new CEO Simon Edwards. GroqCloud operates uninterrupted.
Nvidia’s $20 billion Groq deal is facing a legal challenge. Two former Groq engineers who owned shares in the AI chip startup ...
Employees of start-up say they were short-changed when the chip titan left them out of the ‘acqui-hire’ transaction ...
The Department of Justice is investigating Nvidia's licensing agreement with chipmaker Groq over potential antitrust concerns.
The acquisition of Hugging Face ... its workers. Nvidia would also have paid around US$20.000 million for most of the chip startup Groq....
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