Groq raises $350M at $3.5B valuation, half of last year's $6.9B
IanAndrewsDC · x · 2026-08-18
Groq has raised $350M at a $3.5B valuation, roughly half of its $6.9B valuation from last September. Nvidia is investing in the round, after previously licensing Groq's technology and hiring founder Jonathan Ross and other employees. Groq plans to expand capacity to more than 200MW by next year.
Related event: Groq Raises $350M at $3.5B Valuation, NVIDIA Joins(3 posts)→
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