Groq has raised $350 million in Series A funding at a $3.5 billion valuation as the AI infrastructure company prepares to expand its global compute footprint from 54 MW to more than 200 MW during 2027. Disruptive led the financing, with Nvidia expected to participate.
The new round follows $650 million raised in June 2026, bringing Groq’s recent financing to approximately $1 billion.
Groq currently operates 13 data centers across North America, Europe, the Middle East and Asia-Pacific.
The company serves more than six million developers along with Fortune 500 enterprises and thousands of AI-native companies.
Customers generate trillions of tokens each week through the platform.
Groq plans to use the additional capital to expand access to medium- and large-scale clusters of Nvidia accelerated computing for both AI training and inference workloads.
The company expects its infrastructure footprint to increase nearly fourfold from 54 MW to more than 200 MW in 2027.
Groq’s strategy is increasingly focused on becoming a globally distributed AI inference cloud as inference demand expands alongside the deployment of increasingly capable AI models.
The company combines infrastructure, inference and cloud services across a geographically distributed platform.
Groq is also an Nvidia Cloud Partner and is certified to design, deploy and operate Nvidia accelerated computing according to Nvidia’s reference architecture and operational requirements.
The financing remains subject to customary closing conditions.
KEY QUOTES:
“We are building Groq into the world’s leading AI inference cloud. We look forward to continuing our partnership with NVIDIA at such an important juncture for the ecosystem.”
“Inference will without a doubt become the largest and most critical layer of AI infrastructure. Our team has unmatched experience operating LPUs at scale and delivering the performance, efficiency and reliability that the next generation of AI demands.”
Alex Davis, Executive Chairman of Groq and CEO of Disruptive
