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raises $650 million for Al inference cloud after Nvidia licensing dealGroq raised $650 million to expand its inference cloud business six months after licensing its semiconductor technology to Nvidia and losing its founder.
The funding round was led by Disruptive and Infinitum. Groq's press announcement said existing investors also participated.
The company did not disclose a new valuation. Groq was valued at $6.9 billion after its September $750 million fundraising round.
In
Groq pivots to cloud infrastructure after Nvidia deal December 2025, Nvidia signed a non-exclusive licensing agreement for Groq's language processing unit (LPU) technology, a chip designed specifically for running Al models.
As part of that arrangement, Nvidia hired away Groq co-founder and CEO Jonathan Ross, president Sunny Madra, and other staff.
Nvidia went on to unveil its own hardware system built on the licensed technology, the LPX inference platform, at its GTC conference in March.
Groq has repositioned around its cloud infrastructure business. The company runs 13 data centers spanning North America, Europe, the Middle East, and Asia-Pacific, serving over five million developers and processing trillions of Al tokens per week, per its press release.
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