groq AI News & Updates

Groq Raises $650 Million to Expand AI Inference Cloud and Rebuild Team

June 22, 2026 20:13

AI chipmaker Groq has secured a new $650 million funding round to expand its AI inference cloud business and hire new executive leadership. This raise follows a massive $20 billion "not-acqui-hire" deal with Nvidia, whic...

Nvidia Acquires AI Chip Startup Groq for $20 Billion to Consolidate Market Dominance

December 24, 2025 22:03

Nvidia is reportedly acquiring AI chip startup Groq for $20 billion, marking Nvidia's largest acquisition ever. Groq has developed LPU (language processing unit) chips that claim to run LLMs 10 times faster and using one...