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💰 MoneyJune 22, 2026

Inference chip startup Groq raises $650M to grow its cloud platform

Seven months after inking a $20 billion chip licensing deal with Nvidia Corp., Groq Inc. today announced that it has raised $650 million in funding. Growth investment firm Disruptive and hedge fund Infinitum led the round. Groq has developed a chip design called the LPU that’s specifically optimized for artificial intelligence inference workloads. In December, […] The post Inference chip startup Groq raises $650M to grow its cloud platform appeared first on SiliconANGLE .

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https://siliconangle.com/2026/06/22/inference-chip-startup-groq-raises-650m-grow-cloud-platform/