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After Nvidia’s $20B not-acqui-hire, AI chip startup Groq reportedly raising $650M

Nvidia's massive $20 billion deal with Groq has set the tech industry abuzz. Now, Groq is ambitiously raising $650 million to expand its neocloud business and focus on AI inference. With key players backing them, Groq's strategy could resha...

TechCrunch· May 31, 2026 · 3:17 PM · 18 views

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Nvidia's massive $20 billion deal with Groq has set the tech industry abuzz. Now, Groq is ambitiously raising $650 million to expand its neocloud business and focus on AI inference. With key players backing them, Groq's strategy could reshape the AI chip landscape. #AI #TechNews #Nvidia #Startup #Innovation

Originally reported by TechCrunch. Read the full story →

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