Groq Raises $750 Million as Inference Demand Surges

Groq, an AI inference infrastructure company, raised $750 million in new financing at a $6.9 billion post-money valuation. The round was led by Disruptive with participation from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners, and other investors including Samsung, Cisco, D1, Altimeter, 1789 Capital, and Infinitum.