A close-up look at Groq’s LPU chip, which is designed to accelerate certain AI workloads. | Image Credits:Groq <\/p>\n
AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation<\/a>, sources tell Bloomberg, although the deal isn\u2019t yet final and terms could change.<\/p>\n Groq raised $640 million at a $2.8 billion valuation<\/a> in August 2024, making this double the valuation in about a year. Groq previously raised about $1 billion.<\/p>\n The new round is led by Austin-based firm Disruptive, Bloomberg reports. The November round was led by BlackRock, with participation from Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund.<\/p>\n Groq was founded by Jonathan Ross, who previously worked at Google developing its Tensor Processing Unit chip. The startup emerged from stealth in 2016<\/a>.<\/p>\n This new raise comes after Groq announced in May<\/a> an exclusive partnership with Bell Canada to power the telco\u2019s large AI infrastructure project. In April, Groq partnered with Meta <\/a>to offer AI infrastructure to speed Llama 4 inference. Neither Disruptive nor Groq immediately returned our request for comment.<\/p>\n Correction: This story originally incorrectly reported the date of the last raise. <\/p>\n","protected":false},"excerpt":{"rendered":"A close-up look at Groq’s LPU chip, which is designed to accelerate certain AI workloads. | Image Credits:Groq…\n","protected":false},"author":3,"featured_media":103292,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[691,738,56262,66859,66858,66857,158,67,132,68],"class_list":{"0":"post-103291","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-artificial-intelligence","10":"tag-chip-startup","11":"tag-groq","12":"tag-jonathan-ross","13":"tag-neuberger-berman","14":"tag-technology","15":"tag-united-states","16":"tag-unitedstates","17":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114939077796316669","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/103291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/comments?post=103291"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/103291\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/103292"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=103291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=103291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=103291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}