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Groq

About Groq

Specializing in ultra-fast AI chips

Business Information
Target Customers
enterprise data centers AI researchers
Industry Categories
Hardware & Electronics AI, ML, Gen AI Deep Tech
Business Model
Revenue Model Direct sales
Pricing Strategy Custom pricing based on enterprise needs
Sales Channels direct sales, partnerships with tech companies
Funding Timeline
Round Date Amount Investors
Series D May 17, 2025 $640.0M Unknown
Founders

No founder information available.

Investors

No investor information available.

Recent Mentions
LeonardKir79067
Leonard Kiragu @LeonardKir79067
May 17, 2025

Specializing in ultra-fast AI chips, Groq raised $640 million in a Series D round, achieving a $2.8 billion valuation. The company is also expanding its infrastructure with a $1.5 billion investment from the Kingdom of Saudi Arabia.