Business AI
May 29, 2026
1 min read
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After Nvidia’s $20B not-aqui-hire, AI chip startup Groq reportedly raising $650M

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TechCrunch AI

by Dominic-Madori Davis
Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.

Chipmaker Groq is looking to raise $650 million in internal funding as it pivots from hardware to focus more on AI inference, the process of refining the way AI models respond to prompted requests, per Axios.

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