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AI IntelligenceAug 18, 2026Primary Market
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Groq · $350M · Unknown

Groq raised $350 million at a $3.5 billion valuation to pivot from AI chips to a neocloud business and expand its Nvidia-powered data center footprint.

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AI-generatedSource: techcrunch.com
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Source Brief

Groq raised $350 million at a $3.5 billion valuation to pivot from AI chips to a neocloud business and expand its Nvidia-powered data center footprint.