Groq Valued at $3.5 Billion in Funding Round After Nvidia Deal
2 sources·Updated August 17, 2026
Covered by 2 sources
- TechCrunch·3h agoGroq raises $350M to fuel its pivot from AI chips to neocloud
Groq raised $350 million at a $3.5 billion valuation as the former AI chipmaker pivots to a neocloud business and expands its Nvidia-powered data center footprint.
Read at TechCrunch → - Bloomberg Technology·7h agoGroq Valued at $3.5 Billion in Funding Round After Nvidia Deal
Groq has raised $350 million in funding at a $3.5 billion valuation, roughly half what it was worth nearly a year ago before Nvidia Corp. struck a licensing deal with the startup and hired away much of its talent.The financing, set to be announced Monday, was led by Dallas-based…
Read at Bloomberg Technology →
