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GROQ RAISES $650M TO SCALE DATA CENTER CAPACITY

AI chip company Groq secured $650 million in funding led by Disruptive and Infinitum, part of an aggressive expansion plan targeting 200 MW of data center capacity by end of 2027.

7 SOURCESFIRST SEEN JUN 22, 01:00 PM► READ THE ARTICLE
Bloomberg Tech+0m

Groq Inc. raised $650 million in a new funding round aimed at expanding its data center capacity and helping the one-tim…

Techmeme+1h 39m

Zsana Hoskins / Bloomberg: Groq raised $650M led by Disruptive and Infinitum after its Nvidia deal, aiming to hit 200 MW…

TechCrunch+7h 13m

What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud busi…

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Nvidia has dominated the AI chip market for years, but the era of total dependence might be ending.   OpenAI just shared…

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Catherine Perloff / The Information: AWS hikes prices for Nvidia GPUs in its EC2 Capacity Blocks service, which let busi…