Nvidia to Invest as Groq Raises $350M at $3.5B Valuation
Groq is raising $350 million at a $3.5 billion valuation in a round led by Disruptive, with Nvidia expected to participate. The financing highlights Nvidia’s push into AI inference and the reshaping of Groq after their licensing deal. Founder Jonathan Ross, President Sunny Madra and other staff are set to join Nvidia, potentially giving it a new lever as inference demand grows.