Chip startup Groq raises $750m at $6.9b valuation


FE Team | Published: September 17, 2025 23:24:50


Chip startup Groq raises $750m at $6.9b valuation


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.

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