Tag:

Groq

Groq targets $650M fundraise after massive Nvidia deal

Artificial intelligence chip startup Groq is seeking to raise up to $650 million from its existing investors, according to a report by Axios on Thursday. The major funding push follows a staggering $17 billion licensing agreement the company secured with semiconductor giant Nvidia in December.

28 May 2026-19:36
Nvidia–Groq deal faces US antitrust scrutiny

Nvidia Corp.’s $20 billion licensing agreement with AI startup Groq is under scrutiny from two Democratic senators over concerns it may violate antitrust laws and bypass required merger review.

20 Mar 2026-18:36
Nvidia to license Groq AI chip tech, hire CEO

Nvidia has agreed to license artificial intelligence chip technology from startup Groq and hire several of its top executives, including its chief executive officer, in a deal that reflects a growing trend among major technology companies to acquire talent and intellectual property without pursuing full takeovers.

25 Dec 2025-10:11