groq Archives

Groq Raises $350 Million at $3.5 Billion Valuation After Nvidia Deal Reshapes the Company

Big Tech & Innovation, News, Startups & Venture Capital

AI chip startup Groq has raised $350 million at a $3.5 billion valuation, nearly half its previous $6.9 billion peak after Nvidia licensed its technology and hired away key executives.

Aug 18, 2026 by Oleg Petrenko • 4 mins read

Nvidia Agrees to Buy AI Chipmaker Groq for $20 Billion in Record Deal

Business, Mergers & Acquisitions, News, Story of the Day

Nvidia has agreed to acquire AI chip startup Groq for about $20 billion, marking the largest acquisition in its history as it accelerates its push to dominate next-generation AI hardware.

Dec 24, 2025 by Benjamin Harper • 2 mins read