Groq
Summary active Updated Jun 29, 2026This profile is AI-generated. If you spot an error, please help us fix it by sharing a URL to the correct information.
Investors
Founders
About
Groq is a Mountain View-based AI inference cloud company founded in 2016 by Jonathan Ross, who previously co-invented Google’s Tensor Processing Unit (TPU) 12. The company designed the LPU (Language Processing Unit) and operates GroqCloud, which provides high-speed, lower-cost inference for large language models 13. As of the June 2026 announcement, Groq runs 13 data centers across North America, Europe, the Middle East and Asia-Pacific, serves more than five million developers, and is targeting roughly 200 megawatts of global data center power capacity by the end of 2027 13. The financing followed a December 2025 non-exclusive licensing deal under which NVIDIA licensed Groq’s inference technology and hired some of its hardware leadership, and is meant to fund a pivot toward an AI cloud / “neocloud” business model 245.
Disclaimer: This is a lean profile built from initial round coverage and may be expanded as more information becomes available.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-06-22 | Growth | $650M | Disruptive, Infinitum | Existing investors (reinvested) 1234 |
What Investors Say
“Groq has a proven global platform, a world-class leadership team, and a clear strategy focused on one of the most important opportunities in technology: AI inference at scale.” — Alex Davis, Groq Chairman and Founder/CEO of Disruptive, in the Groq announcement, June 22, 2026 1
What Founders Say
No independently sourced founder quotes found at the time of this round announcement.
Sources
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Groq Newsroom, “Groq Raises $650M to Scale Its AI Inference Cloud Business,” June 22, 2026. Accessed June 2026. https://groq.com/newsroom/groq-raises-usd650m-to-scale-its-ai-inference-cloud-business↩↩↩↩↩
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Bloomberg, “Groq Raises $650 Million to Expand Data Centers After Nvidia Asset Sale,” June 22, 2026. Accessed June 2026. https://www.bloomberg.com/news/articles/2026-06-22/groq-raises-650-million-to-help-startup-pivot-after-nvidia-deal↩↩↩
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SiliconANGLE, “Inference chip startup Groq raises $650M to grow its cloud platform,” June 22, 2026. Accessed June 2026. https://siliconangle.com/2026/06/22/inference-chip-startup-groq-raises-650m-grow-cloud-platform/↩↩↩
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Data Center Dynamics, “Groq secures $650m in new growth capital for AI cloud expansion,” June 2026. Accessed June 2026. https://www.datacenterdynamics.com/en/news/groq-secures-650m-in-new-growth-capital-for-ai-cloud-expansion/↩↩
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Axios, “Scoop: Groq raising $650 million for its second act,” May 28, 2026. Accessed June 2026. https://www.axios.com/2026/05/28/groq-650-million-nvidia↩