{"id":103578,"date":"2025-07-30T01:50:09","date_gmt":"2025-07-30T01:50:09","guid":{"rendered":"https:\/\/www.europesays.com\/us\/103578\/"},"modified":"2025-07-30T01:50:09","modified_gmt":"2025-07-30T01:50:09","slug":"nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/us\/103578\/","title":{"rendered":"Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation\u00a0"},"content":{"rendered":"<p id=\"speakable-summary\" class=\"wp-block-paragraph\">AI chip startup <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-29\/ai-chip-startup-groq-nears-600-million-fundraising-deal\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">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.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Groq <a href=\"https:\/\/techcrunch.com\/2024\/08\/05\/ai-chip-startup-groq-lands-640m-to-challenge-nvidia\/\" target=\"_blank\" rel=\"noopener\">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<p class=\"wp-block-paragraph\">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<p class=\"wp-block-paragraph\">Groq was founded by Jonathan Ross, who previously worked at Google developing its Tensor Processing Unit chip. The <a href=\"https:\/\/techcrunch.com\/2018\/09\/05\/secretive-semiconductor-startup-groq-raises-52m-from-social-capital\/\" target=\"_blank\" rel=\"noopener\">startup emerged from stealth in 2016<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">This new raise comes after Groq <a href=\"https:\/\/www.prnewswire.com\/news-releases\/groq-becomes-exclusive-inference-provider-for-bell-canadas-sovereign-ai-network-302467175.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced in May<\/a> an exclusive partnership with Bell Canada to power the telco\u2019s large AI infrastructure project. In April, Groq <a rel=\"nofollow noopener\" href=\"https:\/\/groq.com\/news\/meta-and-groq-collaborate-to-deliver-fast-inference-for-the-official-llama-api\" target=\"_blank\">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<p>Correction: This story originally incorrectly reported the date of the last raise. <\/p>\n","protected":false},"excerpt":{"rendered":"AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion&hellip;\n","protected":false},"author":3,"featured_media":103579,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[691,21233,738,66859,339,158,67,132,68],"class_list":{"0":"post-103578","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-artificial-intelligence","8":"tag-ai","9":"tag-ai-chips","10":"tag-artificial-intelligence","11":"tag-groq","12":"tag-in-brief","13":"tag-technology","14":"tag-united-states","15":"tag-unitedstates","16":"tag-us"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@us\/114939679404458567","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/103578","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=103578"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/posts\/103578\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media\/103579"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/media?parent=103578"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/categories?post=103578"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/us\/wp-json\/wp\/v2\/tags?post=103578"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}