Groq
Groq is an AI inference company that runs AI models on its LPU-based infrastructure. Former Google engineers founded it in 2016. In December 2025 Nvidia agreed to license Groq's technology and hire founder and then-CEO Jonathan Ross, and Groq said it would stay independent.
Leadership
Alex Davis, Executive Chairman. Alex Davis is the Executive Chairman of Groq.
Who it reaches
Developers who run AI models on GroqCloud, its developer platform.
Key facts
- Founded
- 2016, by a group of former Google engineers led by Jonathan Rosssource
- Series D
- $640 million in August 2024, led by BlackRock Private Equity Partners, valuing the company at $2.8 billionsource
- Latest round
- has raised $350 million, at a $3.5 billion valuationsource
- Nvidia agreement
- December 2025; reportedly valued at approximately US$20 billionsource
- Data centers
- a dozen data centers across the U.S., Canada, the Middle East, and Europe, as of 2025source
WYDE coverage of Groq
WYDE Newsroom has published 2 articles about Groq, from Aug 18, 2026 to Aug 22, 2026. Groq is a recipient in 1 story and the subject of 1 story. The most recent is JPMorgan Warns Food Inflation Could Double, Citi Will Custody Bitcoin, and EAT Tops Charity Tokens. Over 65,000 Meals..
JPMorgan Warns Food Inflation Could Double, Citi Will Custody Bitcoin, and EAT Tops Charity Tokens. Over 65,000 Meals.
Record child hunger and food insecurity collide with a wall of institutional crypto money, from Citi custody to the SEC and Treasury rulebooks, plus $105 billion for one AI data center. This week in the WYDE Newsroom.
Aug 22, 2026 · 7 min read · Recipient
AIGroq Raises $350 Million at a $3.5 Billion Valuation, Half Its Worth Before Nvidia Licensed Its Technology and Hired Its Founder
The Dallas firm Disruptive led the round with planned participation from Nvidia itself. The chip challenger that set out to beat Nvidia on inference is now an Nvidia customer running 13 data centers on Nvidia hardware.
Aug 18, 2026 · 2 min read · Subject of the story
Reported alongside Groq
- Nvidia · in 2 stories with Groq
- Citi · in 1 story with Groq
- Commodity Futures Trading Commission · in 1 story with Groq
- Databricks · in 1 story with Groq
- FTX · in 1 story with Groq
- Grubhub · in 1 story with Groq
- JPMorgan Chase · in 1 story with Groq
- Kraken · in 1 story with Groq
Sources
Track the institutions that move money.
Data-driven coverage, every week.