Groq Completes $750 Million Funding, Valuing $6.9 Billion

Groq, an AI inference chip company, recently announced the completion of a new $750 million funding round, bringing its post-money valuation to $6.9 billion. The round was led by Disruptive, with participation from several prominent institutions. Groq founder and CEO Jonathan Ross stated that inference is defining the era of AI, and they are building the U.S. infrastructure that can achieve this goal at high speed and low cost.