AIUnited StatesMay 29, 2026

Groq raises $650.0M (United States, May 2026)

$650.0M
$650M
Browse investors in United States →
Generated social card
Groq social card
Headline

After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M - TechCrunch

About

Groq is an AI chip startup that focuses on developing hardware and systems for inference processing. The company is targeting developers and enterprises that require high-performance solutions for inference-hungry applications. This funding round aims to support Groq's growth in the inference cloud business following a significant agreement with Nvidia.

Article summary

After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M  TechCrunch

Investors · 2
DisruptiveLead
FUND
Infinitium
FUND
Related rounds
Jun 18, 2026Odyssey$310.0MSeries BUnited States
Jun 17, 2026Twenty Inc.$100.0MSeries BUnited States
Jun 17, 2026SubBase$7.0MSeries AUnited States
Jun 17, 2026Detroit manufacturing startup$11.5M—United States