Groq

About Groq

Financials

Dated, source-cited figures. Estimates are marked.

Products by Groq

All products by Groq reviewed by our AI panel of experts.

GroqAI APIs

Neocloud for fast AI inference on custom LPU and NVIDIA hardware

Free7.7/10

How Our Review Panel Scores Groq

Six independent reviewer personalities assessed Groq's product on their own terms. They disagreed by 1.0 points — The Skeptic was the hardest to convince, The Finance Lead the most positive.

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Groq competes with, and how they differ.

S

SambaNova Systems7.2/10

Also sells vertically-integrated AI inference hardware (its Reconfigurable Dataflow Unit) as a proprietary alternative to Nvidia GPUs, competing head-on with Groq's LPU for enterprise inference deployments.

1 product reviewed on TopReviewed

Cerebras8.0/10

Builds wafer-scale AI chips and runs its own inference cloud with a similar speed/cost pitch against Nvidia GPUs, though its business leans more on large-model training contracts than Groq's now-neocloud-first model.

1 product reviewed on TopReviewed

Together AI8.0/10

Runs a GPU-based multi-model inference cloud that competes with GroqCloud on token pricing and self-serve developer API access, without owning custom silicon.

1 product reviewed on TopReviewed

Fireworks AI8.0/10

A fast-inference API and cloud provider competing with GroqCloud on speed and cost for serving open-weight models, likewise without proprietary chips.

1 product reviewed on TopReviewed

Company Timeline

Key milestones in Groq's history, with sources.

1. Aug 17, 2026Funding

   Series A (neocloud) — $350M at $3.5B valuation, Nvidia participating

   Groq raised $350 million in a new Series A round led by Disruptive with planned participation from Nvidia, valuing the reorganized neocloud business at $3.5 billion and bringing recent funding to $1 billion.

   techcrunch.com
2. Jun 22, 2026Funding

   Raised $650M growth round, pivots fully to neocloud

   Groq raised $650 million led by Disruptive and Infinitum to scale its AI inference cloud business after the Nvidia deal, operating 13 data centers and serving over five million developers.

   techcrunch.com
3. Dec 24, 2025Acquisition

   Nvidia licenses Groq's LPU IP, hires founder Ross and president Madra

   Nvidia agreed to pay roughly $20 billion for a non-exclusive license to Groq's inference chip technology and hired founder/CEO Jonathan Ross and president Sunny Madra, while GroqCloud continued operating independently under new CEO Simon Edwards.

   networkworld.com
4. Sep 17, 2025Funding

   Series E — $750M led by Disruptive at $6.9B valuation

   Groq raised $750 million led by Disruptive, with BlackRock, Neuberger Berman and Deutsche Telekom Capital Partners participating, valuing the company at $6.9 billion.

   techcrunch.com
5. Feb 10, 2025Partnership

   Secured $1.5B Saudi Arabia expansion commitment

   Groq secured a $1.5 billion commitment from the Kingdom of Saudi Arabia, announced at LEAP 2025, to expand its Dammam data center, already the region's largest AI inference cluster with 19,000 LPUs.

   datacenterdynamics.com
6. Aug 5, 2024Funding

   Series D — $640M led by BlackRock at $2.8B valuation

   Groq raised $640 million in a Series D round led by BlackRock Private Equity Partners, more than doubling its valuation to $2.8 billion to fund expansion of its GroqCloud inference service.

   techcrunch.com
7. Mar 1, 2024Acquisition

   Acquired Definitive Intelligence to launch GroqCloud

   Groq acquired Palo Alto-based Definitive Intelligence, whose co-founder Sunny Madra took over the new GroqCloud business unit providing self-serve developer access to Groq's LPU inference engine.

   techcrunch.com
8. Apr 14, 2021Funding

   Series C — $300M led by Tiger Global and D1 Capital

   Groq raised $300 million in a Series C round led by Tiger Global Management and D1 Capital Partners, pushing its total funding past $365 million and its valuation above $1 billion.

   forbes.com
9. 2016Founded

   Founded by ex-Google TPU architect Jonathan Ross

   Groq was founded in 2016 by Jonathan Ross, who previously helped design Google's Tensor Processing Unit (TPU), to build a new AI accelerator chip.

   techcrunch.com