{"id":97575,"date":"2025-07-30T05:54:27","date_gmt":"2025-07-30T05:54:27","guid":{"rendered":"https:\/\/neclink.com\/index.php\/2025\/07\/30\/nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation\/"},"modified":"2025-07-30T05:54:27","modified_gmt":"2025-07-30T05:54:27","slug":"nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation","status":"publish","type":"post","link":"https:\/\/neclink.com\/index.php\/2025\/07\/30\/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":"<p> <br \/>\n<\/p>\n<div>\n<p id=\"speakable-summary\" class=\"wp-block-paragraph\">AI chip startup <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-07-29\/ai-chip-startup-groq-nears-600-million-fundraising-deal\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Groq is in talks to raise a fresh $600 million at a near $6 billion valuation<\/a>, sources tell Bloomberg, although the deal isn\u2019t yet final and terms could change.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Groq <a href=\"https:\/\/techcrunch.com\/2024\/08\/05\/ai-chip-startup-groq-lands-640m-to-challenge-nvidia\/\">raised $640 million at a $2.8 billion valuation<\/a> 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 <a href=\"https:\/\/techcrunch.com\/2018\/09\/05\/secretive-semiconductor-startup-groq-raises-52m-from-social-capital\/\">startup emerged from stealth in 2016<\/a>.<\/p>\n<p class=\"wp-block-paragraph\">This new raise comes after Groq <a href=\"https:\/\/www.prnewswire.com\/news-releases\/groq-becomes-exclusive-inference-provider-for-bell-canadas-sovereign-ai-network-302467175.html\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">announced in May<\/a> an exclusive partnership with Bell Canada to power the telco\u2019s large AI infrastructure project. In April, Groq <a rel=\"nofollow\" href=\"https:\/\/groq.com\/news\/meta-and-groq-collaborate-to-deliver-fast-inference-for-the-official-llama-api\">partnered with Meta <\/a>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<p><br \/>\n<br \/><a href=\"https:\/\/techcrunch.com\/2025\/07\/29\/nvidia-ai-chip-challenger-groq-said-to-be-nearing-new-fundraising-at-6b-valuation\/\">Source link <\/a><\/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<\/p>\n","protected":false},"author":1,"featured_media":97576,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[149],"tags":[],"class_list":["post-97575","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/97575","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/comments?post=97575"}],"version-history":[{"count":0,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/posts\/97575\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media\/97576"}],"wp:attachment":[{"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/media?parent=97575"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/categories?post=97575"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/neclink.com\/index.php\/wp-json\/wp\/v2\/tags?post=97575"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}