AI infrastructure company Groq has raised $350 million in Series A funding, led by Disruptive, with participation from Nvidia. The round values Groq at $3.5 billion and brings its total capital raised to about $1 billion.
The funding marks another major step in Groq’s transformation from an AI-chip company into an AI inference-focused neocloud. Groq plans to use the capital to support customers running medium and large Nvidia-accelerated computing clusters for AI training and inference, while expanding its data-center capacity from 54 MW to more than 200 MW by 2027.
Groq currently operates 13 data centers across North America, Europe, the Middle East and Asia-Pacific, serves more than 6 million developers, enterprises and AI-native companies. The company had already raised $650 million in June 2026 to fund its infrastructure expansion.
Groq was valued $6.9 billion in September 2025 which making the new $3.5 billion valuation roughly half that level. The change follows Nvidia’s licensing deal with Groq and the hiring of founder and CEO Jonathan Ross and other key talent.
“We are building Groq into the world’s leading AI inference cloud,” Alex Davis, Groq’s chairman and CEO of Disruptive, said in a statement. “Inference will without a doubt become the largest and most critical layer of AI infrastructure.”
The deal also illustrates Nvidia’s broader strategy rather than simply competing with AI infrastructure providers, it is increasingly investing in and supplying the companies building AI compute capacity.
Groq is now effectively becoming a customer and infrastructure partner within Nvidia’s ecosystem.
