Groq raises $350M to fuel its pivot from AI chips to neocloud
The round, led by Disruptive with planned Nvidia participation, values Groq at $3.5B — down from $6.9B last September, months before Nvidia hired Groq founder Jonathan Ross under a licensing deal. Groq now operates 13 data centers and aims to scale from 54 to over 200 megawatts by 2027.
Featured · Jonathan Ross, Alex Davis
2 sources
Daily brief
Get tomorrow's AI brief in your inbox
More stories today
- GOP panics over Big Tech ties as Trump shifts on AI regulation
- Ethan Mollick: Claude's skill creator beats ChatGPT for reusable skills
- Aident Loadout gives agents 27,000+ tools and logs every action
- Etched gains sizable fan base for AI inferencing computers
- Corbell generates technical specs from repository knowledge graphs