Groq raises $750M, boosting its valuation to $6.9B

Groq, founded by ex-Alphabet engineer Jonathan Ross, raised $750M at a $6.9B valuation led by Disruptive with BlackRock backing. The startup focuses on AI inference chips for faster, cheaper deployments, diverging from training-centric hardware. Groq also secured a $1.5B Saudi commitment, projecting $500M revenue in 2025, strengthening its role in building U.S. infrastructure for high-speed AI.