Home / Technology / Groq more than doubles valuation to $6.9 billion as investors bet on AI chips

Groq more than doubles valuation to $6.9 billion as investors bet on AI chips

Chip startup Groq said on Wednesday it has raised $750 million, more than doubling its valuation to $6.9 billion in just over a year as Wall Street bets big on the hardware that powers artificial intelligence technology.

Sept 17 (Reuters) – Chip startup Groq said on Wednesday it has raised $750 million, more than doubling its valuation to $6.9 billion in just over a year as Wall Street bets big on the hardware that powers artificial intelligence technology.
Groq, fou… [1877 chars]

Source: Reuters | Published: 2025-09-17T11:37:40Z

Credit: Reuters

Tagged:

Leave a Reply

Your email address will not be published. Required fields are marked *