Groq Raises $750 Million as Inference Demand Surges

Groq Inc., a pioneer in AI inference, announced $750 million in new financing at a post-money valuation of $6.9 billion. The round was led by Disruptive with significant investment from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners and a large US-based West Coast mutual fund manager. The raise also included continued support from Samsung, Cisco, D1, Altimeter, 1789 Capital and Infinitum.Groq powers more than two million developers and Fortune 500 companies with fast, affordable compute and is growing its presence globally, building on existing data centers in North America, Europe, and the Middle East.

“Inference is defining this era of AI, and we’re building the American infrastructure that delivers it with high speed and low cost,” said Jonathan Ross, founder and CEO, Groq.

The White House recently issued an executive order promoting the export of the American AI Technology Stack, emphasizing the global deployment of US-origin AI technology. Groq is playing a central role, with their American-built inference infrastructure already powering developers and enterprises worldwide.

Disruptive, a Dallas-based growth investment firm, has backed some of the most transformative and successful companies in the last decade, including large investments in Palantir, Airbnb, Spotify, Shield AI, Hims, Databricks, Stripe, Slack and many other AI leaders and AI adjacent businesses. Disruptive has invested nearly $350 million in Groq.

“As AI expands, the infrastructure behind it will be as essential as the models themselves,” said Alex Davis, founder, chairman, and CEO, Disruptive. “Groq is building that foundation, and we couldn’t be more excited to partner with Jonathan and his team in this next chapter of explosive growth.”