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Groq

Hardware, Robotics & Semiconductors · Mountain View, California · Private

Groq operates an AI inference cloud built around its low-latency Language Processing Unit technology.

$3.5BReported valuationAugust 2026 growth round
$350MLatest fundingAugust 2026 growth round
PrivatePublic statusIndependent after NVIDIA agreement

The Company

Groq originally developed specialized hardware for fast, low-cost AI inference and later expanded into a global cloud service.

In December 2025 it entered a non-exclusive technology licensing agreement with NVIDIA while continuing to operate independently under new leadership.

Why It Matters

Groq is a rare case study in how a private AI infrastructure company can monetize technology without a full acquisition. The structure matters for founders and investors across inference, chips and cloud infrastructure.

Valuation History

  1. $2.8B→Aug 2024Series DSource ↗
  2. $6.9B→Sep 2025Funding roundSource ↗
  3. $3.5B→Aug 2026$350M round (post-NVIDIA licensing deal)Source ↗

What Changed

  1. Licensed inference technology to NVIDIA on a non-exclusive basis; the company remained independent.

  2. Raised $350M to expand its AI-inference cloud, with TechCrunch reporting a $3.5B valuation.

THE NEXT COMPANY. A CLEARER PICTURE.

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