Groq raised $640 million at a $2.8 billion valuation in November 2024, making this double the valuation in about nine months.

Groq, a richly funded chip startup trying to take on Nvidia, told investors early this year it was on track to have more than ...

Groq, which is backed by investment arms of Samsung and Cisco, said the data center will be in Helsinki, Finland.

Groq, a U.S.-based startup specializing in AI chips, has launched its first European data center in Helsinki, Finland as part of the company's international expansion and goal to meet the rising ...

Summary Nvidia Corporation continues to grow rapidly as competitors struggle to gain a foothold in AI accelerators. Nvidia's aggressive technological progress and capacity expansion have made it ...

Groq, however, is an Nvidia competitor that focused early on the segment of AI computing that requires less need for directly programming chips, and investors are intrigued. The 8-year-old AI chip ...

Nvidia challenger Groq expands with first European data center By Arjun Kharpal, CNBC • Published July 6, 2025 • Updated on July 7, 2025 at 1:00 am Log in or create a free profile to save articles ...