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yesterday

Groq Lands $750 Million, Lifting Valuation to $6.9 Billion

The deal underscores a shift toward inference‑focused, U.S.-built AI infrastructure.

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Groq raises $750 million
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Overview

  • The round was led by Disruptive, which has invested nearly $350 million in Groq, with participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners, Samsung, Cisco, D1, Altimeter, 1789 Capital and Infinitum.
  • Groq markets LPUs and related cloud and on‑prem products as low‑latency inference engines positioned as alternatives to GPU-based systems.
  • Groq says its infrastructure now serves more than two million developers and many Fortune 500 companies, figures reported by the company rather than independently verified in the coverage.
  • Earlier this year, Groq disclosed a $1.5 billion commitment from Saudi Arabia that it has told investors could contribute roughly $500 million in 2025 revenue, according to prior reports.
  • Company statements and PR highlight growing demand for inference compute, recent U.S. policy encouraging export of an American AI tech stack, and deployments spanning North America, Europe and the Middle East.