Groq Secures $750 Million Funding Round at $6.9 Billion Valuation as AI Infrastructure Demand Soars
Summary
AI infrastructure company Groq raises $750 million at a $6.9 billion valuation, led by Disruptive with BlackRock participation, as the firm powers over two million developers and Fortune 500 companies with fast compute solutions across multiple continents.
Key Points
- Groq raises $750 million in new financing at a post-money valuation of $6.9 billion, led by Disruptive with participation from BlackRock, Neuberger Berman, and other major investors
- The AI inference company powers more than two million developers and Fortune 500 companies with fast, affordable compute infrastructure across North America, Europe, and the Middle East
- Groq positions itself as a key component of the American AI Stack, aligning with White House executive orders promoting export of US-origin AI technology globally