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Home > Business > Groq raising up to $650 million from existing investors, source says

Groq raising up to $650 million from existing investors, source says

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Last Updated: May 29, 2026 00:28:55 IST

May 28 (Reuters) – Groq is raising up to $650 million from existing investors, a source familiar with the matter told Reuters on Thursday, after the AI chip startup signed a $17 billion licensing deal

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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