Chip startup Groq raises $750m at $6.9b valuation
September 18, 2025 00:00:00
NEW YORK, Sept 17 (Reuters): Artificial intelligence chip startup Groq said on Wednesday it has raised $750 million in new financing at a post-money valuation of $6.9 billion.
Groq, a Silicon Valley chip startup founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalise on hundreds of millions of dollars in investments on AI hardware.
