{"id":3682,"date":"2025-07-30T02:00:39","date_gmt":"2025-07-30T02:00:39","guid":{"rendered":"https:\/\/jobuzo.com\/en\/nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation\/"},"modified":"2025-07-30T02:00:39","modified_gmt":"2025-07-30T02:00:39","slug":"nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation","status":"publish","type":"post","link":"https:\/\/jobuzo.com\/en\/nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation\/","title":{"rendered":"Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation\u00a0"},"content":{"rendered":"<div>\n<div><\/div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn&rsquo;t yet final and terms could change.&nbsp;<\/p>\n<p class=\"wp-block-paragraph\">Groq raised $640 million at a $2.8 billion valuation 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 startup emerged from stealth in 2016.<\/p>\n<p class=\"wp-block-paragraph\">This new raise comes after Groq announced in May an exclusive partnership with Bell Canada to power the telco&rsquo;s large AI infrastructure project. In April, Groq partnered with Meta to offer AI infrastructure to speed Llama 4 inference. Neither Disruptive nor Groq immediately returned our request for comment.<\/p>\n<p><em>Correction: This story originally incorrectly reported the date of the last raise. <\/em><\/p>\n<\/div>\n<div class=\"internal-linking-related-contents\"><a href=\"https:\/\/jobuzo.com\/en\/12-weeks-jail-for-school-it-support-technician-who-took-upskirt-videos-of-teachers\/\" class=\"template-1\"><span class=\"cta\">News :<\/span><span class=\"postTitle\">&lt;div&gt;12 weeks' jail for school IT support technician who took upskirt videos of teachers&lt;\/div&gt;<\/span><\/a><\/div><p><sub>Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation&nbsp;<\/sub><\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI chip startup Groq is in talks to raise a fresh $600 million at a near $6 billion valuation, sources tell Bloomberg, although the deal isn&rsquo;t yet final and terms could change.&nbsp; Groq raised $640 million at a $2.8 billion valuation in August 2024, making this double the valuation in about a year. Groq previously&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/jobuzo.com\/en\/nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;Nvidia AI chip challenger Groq said to be nearing new fundraising at $6B valuation\u00a0&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":3683,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3682","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3682","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/comments?post=3682"}],"version-history":[{"count":0,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/posts\/3682\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media\/3683"}],"wp:attachment":[{"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/media?parent=3682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/categories?post=3682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jobuzo.com\/en\/wp-json\/wp\/v2\/tags?post=3682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}