---
title: "AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal"
slug: "ai-chipmaker-groq-confirms-650m-raise-re-staffs-after-nvidias-20b-not-acqui-hire-deal"
date: 2026-06-22
category: tech-pub
tags: [nvidia]
language: en
sources_count: 1
featured: false
publisher: AInauten News
url: https://news.ainauten.com/en/story/ai-chipmaker-groq-confirms-650m-raise-re-staffs-after-nvidias-20b-not-acqui-hire-deal
---

# AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal

**Published**: 2026-06-22 | **Category**: tech-pub | **Sources**: 1

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## TL;DR

- Groq confirmed a new $650 million funding round led by Disruptive and Infinitum.

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## Summary

- Groq confirmed a new $650 million funding round led by Disruptive and Infinitum. The company did not disclose a new valuation; it was last valued at $6.9 billion after a $750 million round in September.
- The raise comes about six months after Nvidia signed a non-exclusive licensing deal for Groq technology and hired founder Jonathan Ross, president Sunny Madra, and other employees.
- Groq is leaning harder into its neocloud business: the company says it now runs 13 data centers across North America, Europe, the Middle East, and APAC, serving more than five million developers.
- The company is also rebuilding leadership: Alan Rice joins as COO, Sinclair Schuller as CTO, and Rakesh Malhotra as CPO. Groq co-founder Doug Wightman remains CEO.

---

## Why it matters

Groq confirmed a new $650 million funding round led by Disruptive and Infinitum. The company did not disclose a new valuation; it was last valued at $6.9 billion after a $750 million round in September.

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## Key Points

- Groq confirmed a new $650 million funding round led by Disruptive and Infinitum. The company did not disclose a new valuation; it was last valued at $6.9 billion after a $750 million round in September.
- The raise comes about six months after Nvidia signed a non-exclusive licensing deal for Groq technology and hired founder Jonathan Ross, president Sunny Madra, and other employees.
- Groq is leaning harder into its neocloud business: the company says it now runs 13 data centers across North America, Europe, the Middle East, and APAC, serving more than five million developers.
- The company is also rebuilding leadership: Alan Rice joins as COO, Sinclair Schuller as CTO, and Rakesh Malhotra as CPO. Groq co-founder Doug Wightman remains CEO.

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## Nauti's Take

This looks like a restart with a very expensive bandage. Groq can frame the raise as momentum, but the backdrop is awkward: Nvidia gained talent and access to the technology, while Groq now has to explain why customers should still choose Groq. The neocloud pivot can work if performance, price, and availability are clearly better. Without that hard edge, the round reads more like investor damage control after an almost-exit.

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## FAQ

**Q:** What is AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal about?

**A:** - Groq confirmed a new $650 million funding round led by Disruptive and Infinitum.

**Q:** Why does it matter?

**A:** Groq confirmed a new $650 million funding round led by Disruptive and Infinitum. The company did not disclose a new valuation; it was last valued at $6.9 billion after a $750 million round in September.

**Q:** What are the key takeaways?

**A:** Groq confirmed a new $650 million funding round led by Disruptive and Infinitum. The company did not disclose a new valuation; it was last valued at $6.9 billion after a $750 million round in September.. The raise comes about six months after Nvidia signed a non-exclusive licensing deal for Groq technology and hired founder Jonathan Ross, president Sunny Madra, and other employees.. Groq is leaning harder into its neocloud business: the company says it now runs 13 data centers across North America, Europe, the Middle East, and APAC, serving more than five million developers.

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## Related Topics

- [nvidia](https://news.ainauten.com/en/tag/nvidia)

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## Sources

- [AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal](https://techcrunch.com/2026/06/22/ai-chipmaker-groq-confirms-650m-raise-re-staffs-after-nvidias-20b-not-acqui-hire-deal/) - TechCrunch AI

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## About This Article

This article is a synthesis of 1 sources, curated and summarized by AInauten News. We aggregate AI news from trusted sources and provide bilingual (German/English) coverage.

**Publisher**: [AInauten](https://www.ainauten.com) | **Site**: [news.ainauten.com](https://news.ainauten.com)

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*Last Updated: 2026-06-23*