Groq’s $650M raise: rebuilding after the Nvidia deal

The Next Web
By Cristian DinaJun 23, 2026, 9:06 am39 pts
Groq has confirmed a $650mn raise to rebuild itself as an AI inference cloud, six months after Nvidia paid out its investors and hired away its founder. The Groq $650M round is a bet that purpose-built chips still beat GPUs. Groq spent years as one of the loudest challengers to Nvidia. Then, last December,…

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