Groq more than doubles valuation to $6.9 billion as investors bet on AI chips
Published on: Sept. 17, 2025, 8:47 p.m. | Source: The Economic Times
Groq, founded by a former Alphabet engineer, is among a long list of new chip players looking to capitalise on hundreds of millions of dollars in investments on AI infrastructure. Its last funding round was in August last year, when it raised $640 million that brought its valuation to $2.8 billion.
