Groq (Series D)
Funding Details
Awarder
RSS - techcrunch.com
Date Award
June 22, 2026
Vertical
AI Hardware
Premoney Valuation
$6,900,000,000
Funding Amount
$650,000,000
Company Info
Founding Year
2016
Traction
Groq serves over five million developers and thousands of AI companies, processing trillions of tokens each week.
Founders
Jonathan Ross, Doug Wightman
Market
AI Inference
Location
Dallas, Texas, USA
Coinvestors
Disruptive, Infinitum
Company Description

Groq is an AI chipmaker that has developed a chip called a language processing unit (LPU) used for inference, sold as part of a cloud service or an on-premises hardware cluster. The company has pivoted to its neocloud business, which serves over five million developers and thousands of AI companies, processing trillions of tokens each week.

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