AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal
- ID
- 2032
- Status
- new
- Published
- 23 Jun 2026, 4:13 AM
- Fetched
- 27 Jun 2026, 8:23 PM
- Provider
- TechCrunch Startups
- Category
- startup
- Original URL
- https://techcrunch.com/2026/06/22/ai-chipmaker-groq-confirms-650m-raise-re-staffs-after-nvidias-20b-not-acqui-hire-deal/
- Source URL
- https://techcrunch.com/category/startups/feed/
Excerpt
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
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