Groq, a leader in AI inference technology, has raised $750 million in new financing, valuing the company at $6.9 billion post-money. The funding round was led by Disruptive, with significant participation from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners, and a large U.S.-based West Coast mutual fund manager. Existing investors — including Samsung, Cisco, D1, Altimeter, 1789 Capital, and Infinitum — also contributed.
The capital will support Groq’s mission to deliver fast, affordable compute to its growing base of more than two million developers and Fortune 500 clients. The company is expanding its global footprint, building on data centers already operating in North America, Europe, and the Middle East.
Groq’s role in the AI ecosystem aligns with a recent White House executive order promoting the export of the American AI Technology Stack, aimed at accelerating the global deployment of U.S.-origin AI solutions. Groq’s American-built inference infrastructure is already powering enterprises and developers worldwide.
How the funding will be used: This latest funding positions Groq to further scale its infrastructure, strengthen its market leadership, and meet surging demand for high-performance AI inference across industries.
KEY QUOTES:
“Inference is defining this era of AI, and we’re building the American infrastructure that delivers it with high speed and low cost.”
Jonathan Ross, Groq Founder and CEO
“As AI expands, the infrastructure behind it will be as essential as the models themselves. Groq is building that foundation, and we couldn’t be more excited to partner with Jonathan and his team in this next chapter of explosive growth.”
Alex Davis, Founder, Chairman, and CEO of Disruptive
