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Groq raised $750 million at a $6.9 billion valuation, doubling its value in under a year, to expand global AI infrastructure.
Groq, an AI inference company founded by a former Alphabet engineer, raised $750 million at a $6.9 billion valuation, more than doubling its value from under a year ago.
The funding round, led by Disruptive, included major investors like Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners, and a large West Coast mutual fund.
With support from existing backers including Samsung and Cisco, Groq aims to expand its global AI infrastructure, powering over two million developers and Fortune 500 companies.
The investment underscores growing demand for AI hardware and aligns with U.S. efforts to promote its AI technology stack internationally.
Groq recaudó $ 750 millones con una valoración de $ 6.9 mil millones, duplicando su valor en menos de un año, para expandir la infraestructura global de IA.