Groq Raises $750 Million in Funding, Valuation Reaches $6.9 Billion
Recently, Groq, a pioneer in AI inference technology, announced the successful fundraising of $750 million, with its valuation reaching $6.9 billion after the funding. This round was led by the Texas-based investment company Disruptive, and it also received significant investments from Blackstone, Newport Group, Deutsche Telekom Capital Partners, and a major U.S. West Coast fund manager. Additionally, companies such as Samsung, Cisco, D1, Altimeter, 1789Capital, and Infinitum continued to support the company.