US EditionNvidia AI Chip Challenger Groq Raises Even More than Expected, Hits $6.9B Valuation
Groq's $750 million funding at a $6.9 billion valuation will scale production and expand global data centers, serving over two million developers and Fortune 500 companies worldwide.
- Silicon Valley startup Groq raised $750 million on September 17, 2025, increasing its valuation to $6.9 billion and expanding global AI inference infrastructure.
- This funding follows Groq’s $640 million capital raise in August 2024, at a time when the company was valued at nearly $2.8 billion, highlighting the swift expansion driven by growing AI inference needs.
- Groq designs inference engines optimized for fast, cost-efficient AI model deployment, serving over two million developers and many Fortune 500 companies worldwide.
- CEO Jonathan Ross emphasized that inference is central to the current AI landscape and highlighted Groq’s commitment to developing domestic systems that provide fast and cost-effective solutions.
- Groq is allocating its new capital toward increasing production capacity, expanding its global data center network—including its recently launched facility in Helsinki—and leveraging significant contracts such as the $1.5 billion deal secured with HUMAIN, an AI investment firm backed by Saudi Arabia’s sovereign wealth fund.
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Nvidia Rival Groq Raises $750 Million: 'Inference Is Defining This Era Of AI,' Says CEO Jonathan Ross - Infinitum Copper (OTC:INUMF), Cisco Systems (NASDAQ:CSCO)
On Wednesday, Silicon Valley startup Groq announced $750 million in new financing, valuing the Nvidia Corporation (NASDAQ:NVDA) rival at $6.9 billion as it expands its global footprint in AI inference infrastructure. Major Investors Back AI Challenger The round was led by Dallas-based growth investment firm Disruptive, with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners and a large U.S.-based mutual fund manage…
AI chip startup Groq raises $750M, doubling valuation to $6.9B as it takes on Nvidia - Tech Startups
Silicon Valley startup Groq has pulled off one of the biggest funding hauls in the chip sector this year, raising $750 million to more than double its valuation to $6.9 billion. The round shows just how hot the race for […] The post AI chip startup Groq raises $750M, doubling valuation to $6.9B as it takes on Nvidia first appeared on Tech Startups.
Groq's Stunning $6.9 Billion Valuation Fuels AI Chip Revolution
BitcoinWorld Groq’s Stunning $6.9 Billion Valuation Fuels AI Chip Revolution In the rapidly evolving landscape of artificial intelligence, where computing power is the new gold, a significant investment has just sent ripples across the tech world. Groq, a burgeoning AI chip startup, has confirmed a fresh funding round of an astonishing $750 million, propelling its post-money valuation to a staggering $6.9 billion. This monumental achievement not…
AI inference chip startup Groq nabs $750M at $6.9B valuation
Maria Deutscher 2025-09-17 16:07:00 siliconangle.com Groq Inc., a developer of artificial intelligence inference chips, today announced that it has raised $750 million in new funding. Databricks Inc. backer Disruptive led the round. It was joined by Cisco Systems Inc., Samsung Electronics Co., Deutsche Telekom Capital Partners and several investment firms. Groq is now valued at $6.9… Source
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