[Groq in VentureBeat] Groq secures $640M to supercharge AI inference with next-gen LPUs

Groq, a leader in AI inference technology, has raised $640 million in a Series D funding round, signaling a major shift in the artificial intelligence infrastructure landscape. The investment values the company at $2.8 billion and was led by BlackRock Private Equity Partners, with participation from Neuberger Berman, Type One Ventures, and strategic investors such as Cisco, KDDI, and Samsung Catalyst Fund.

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