Source: Groq is raising ~$650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team depart (Dan Primack/Axios)
Groq is reportedly raising $650M after a $20B Nvidia licensing deal and major senior-team departures.
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<a href="https://www.axios.com/2026/05/28/groq-650-million-nvidia"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260528/i39.jpg" vspace="4" /></a>
<p><a href="https://www.techmeme.com/260528/p39#a260528p39" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Dan Primack / <a href="https://www.axios.com/">Axios</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.axios.com/2026/05/28/groq-650-million-nvidia">Source: Groq is raising ~$650M from existing investors; the AI chipmaker earlier signed a $20B Nvidia licensing deal that saw much of its senior team depart</a></b></span> — Groq is raising up to $650 million from existing investors, after the AI chipmaker previously signed a $20 billion licensing deal … </p>
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