Groq Nears $600M Fundraising Round at $6B Valuation, Doubling Since Last Year
In a bold move that underscores the growing demand for AI infrastructure, chip startup Groq is reportedly in talks to raise $600 million at a valuation of nearly $6 billion, according to sources familiar with the matter cited by Bloomberg. This would more than double the company’s previous valuation of $2.8 billion in August 2024….