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REPORTED DEVELOPMENT

Groq is reported to have raised $350M with planned Nvidia participation

Data Center Dynamics reported on August 18 that Groq raised $350 million at a $3.5 billion valuation, led by Disruptive with planned Nvidia participation; it said Groq operates 13 data centers across regions with about 54 MW of compute and aims for more than 200 MW in 2027. Groq's latest accessible company announcement is a June 22 $650 million round that also targets 200 MW by 2027; no matching issuer disclosure for the reported $350 million or Nvidia participation was found. The figures may describe different rounds and cannot be combined or substituted; 200 MW is a target, not built capacity.

ORIGINAL SOURCEData Center Dynamics
PUBLIC RESPONSE

Groq's latest accessible company release is its June 22 $650 million financing; by this scan's cutoff, no public confirmation was found for a new $350 million round or planned Nvidia participation.

ENTITIES
GroqNVIDIADisruptive
REPORTING STATUS
Single-source report · relationship to prior issuer disclosure unverified