Should this new fundraising deal close, it will double Groq's valuation in about nine months.
Biotech & Health
Climate
Cloud Computing
Commerce
EVs
The fresh raise comes in above the rumored numbers when word leaked in July that it was raising.
This follows a $20 billion licensing deal with Nvidia.
May 28 : Groq is raising up to $650 million from existing investors, Axios reported on Thursday, after the AI chip startup signed…
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the…
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the…
The new round is being led by Iconiq Capital, with the possibility of a co-lead investor joining.
