Groq
Groq designs an AI accelerator chip called the Language Processing Unit (LPU), built for AI inference. It also develops related hardware and software, and rents access to its chips through GroqCloud.
PrivateUnited StatesChip designers; also clouds & neocloudsValuation after series D, 2024 $2.8B (as of Aug 2024)
Supplies
Licenses its designs to NVIDIA · $20B
In December 2025 Nvidia and Groq announced a reported US$20 billion deal to license Groq's inference technology. Groq said it would stay independent.
Buys from
Samsung Electronics supplies Groq
In August 2023 Groq chose Samsung's Taylor, Texas foundry to make its next-generation chips on a 4 nm process. It was the first order at that factory.
Money
BlackRock invests in Groq · $640M
BlackRock Private Equity Partners led Groq's $640 million series D in August 2024, valuing the company at $2.8 billion.