Groq Closes $350 million Series A, Building the World's Leading AI Inference Cloud
- New capital values the company at $3.5 billion and accelerates the build-out of Groq's global inference footprint
- Disruptive led the round with planned participation from NVIDIA, as the companies continue their partnership to develop inference at scale
San Francisco, CA, August 17, 2026 — Groq LLC (“Groq”) today announced a $350 million Series A fundraise and the round was led by Disruptive, with planned participation from NVIDIA. The fundraise values the company at $3.5 billion. This latest round, together with $650 million raised in June 2026, brings recent funding in the company to $1 billion.
Groq today operates 13 data centers across North America, Europe, the Middle East, and Asia Pacific. The company serves more than six million developers, Fortune 500 enterprises and thousands of AI-native companies. The injection of capital will support those seeking usage of medium and larger sized clusters of NVIDIA accelerated computing for training and inference. Groq expects to scale from 54 megawatts to 200+ megawatts in 2027.
Alex Davis, Groq Executive Chairman and CEO of Disruptive, one of the largest global tech investment firms said: “We are building Groq into the world’s leading AI inference cloud. We look forward to continuing our partnership with NVIDIA at such an important juncture for the ecosystem. Inference will without a doubt become the largest and most critical layer of AI infrastructure. Our team has unmatched experience operating LPUs at scale and delivering the performance, efficiency and reliability that the next generation of AI demands. We will be focused on supporting the most important model makers to further contribute to the global growth of innovation and American ingenuity.”
Groq is an NVIDIA Cloud Partner (NCP), certified to design, deploy, and operate NVIDIA accelerated computing to NVIDIA’s reference architecture and operational standards. The Series A fundraise is subject to customary closing conditions.
About Groq
Groq is a leading global AI infrastructure platform. The company deploys and operates high-performance AI compute across North America, Europe, the Middle East and Asia Pacific, combining infrastructure, inference and cloud services into a single globally distributed platform.
Today, six million developers, Fortune 500 enterprises and thousands of AI-native companies build on Groq, generating trillions of tokens every week.
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