Latest Groq News & Updates

See the latest news and media coverage for Groq. We track all announcements, press releases, and industry mentions in real time, all in one place.

Groq

Inference acceleration hardware and software

groq.com

Headquarters: Palo Alto, United States
Founded year: 2016
Company type: Private company
Number of employees: 50–350

Last updated Today

Latest news about Groq

In short: Groq secured a $20 billion licensing deal with NVIDIA and expanded its global footprint through major partnerships and significant funding rounds.

Company announcements

June 22 Groq

Groq raises $650M to scale its AI inference cloud

The funding will accelerate expansion of its global AI inference cloud and scale toward 200 MW by 2027. Groq operates 13 data centers and serves over five million developers.

April 7 Groq

Groq powers Stash's AI Money Coach

It delivers personalized guidance to 1.4 million users, reducing request time by 37%, increasing requests by 10%, and cutting costs from $40K/month on OpenAI.

February 16 Groq

Groq expands GroqCloud with UK data center

Launches new UK facility with Equinix to reduce latency and support growing production workloads across Europe.

January 13 Groq

Groq announces Orpheus TTS support on GroqCloud

Includes English and Saudi Arabic models with low-latency inference, OpenAI-compatible endpoint, and character-based pricing.

Media coverage

June 22 Bloomberg

Groq Raises $650 Million to Help Startup Pivot After Nvidia Deal

Groq will use the funds to expand data center capacity and transition into an AI computing provider.

June 18 TweakTown

AMD, Google, Tesla, and Groq turn to Samsung Foundry as TSMC runs out of capacity

TSMC's leading-edge capacity is locked up with NVIDIA, Apple, and Broadcom, making Samsung's available slots attractive despite trailing on yields.

May 30 The Star

Groq raising up to $650 million from existing investors, source says

Groq ⁠is raising up to $650 million from existing ⁠investors, a source familiar with the matter ‌told Reuters on Thursday, ...

May 29 The Information

China's ByteDance Developing New AI Chips Like Those from Nvidia Partner Groq

TikTok owner ByteDance is developing a new chip to run artificial intelligence models as part of an aggressive expansion of its homegrown AI infrastructure. The...

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