Groq, a company specialising in AI inference technology, has announced a new funding round of $750m, resulting in a post-money valuation of $6.9bn.

The financing round was led by US-based growth investment company Disruptive, which has invested nearly $350m in Groq to date.

Groq also secured notable investments from BlackRock, Neuberger Berman, Deutsche Telekom Capital Partners, and a major mutual fund manager based on the US West Coast.

Existing backers such as Cisco, Samsung, Altimeter, D1, 1789 Capital, and Infinitum also participated in this round.

Since its establishment in 2016, Groq is said to have contributed substantially to the infrastructure of the US AI Stack.

The company has been focused on developing its language processing unit and GroqCloud technologies, which aim to provide cost-effective and high-speed computing solutions. These products currently support over two million developers along with various Fortune 500 companies globally.

The latest influx of funding is anticipated to bolster Groq’s global outreach, enhancing its existing infrastructure across North America, Europe, and the Middle East. This expansion aligns with a recent directive from the White House promoting the international distribution of US-based AI technologies.

Groq founder and CEO Jonathan Ross said: “Inference is defining this era of AI, and we’re building the American infrastructure that delivers it with high speed and low cost.”

In May 2025, Groq was designated as an official inference provider for HUMAIN, an AI enterprise based in Saudi Arabia. This collaboration supports HUMAIN’s goal of advancing economic structures through comprehensive AI capabilities.

Groq had also established a data centre in Dammam, Saudi Arabia, which has been operational since February. The facility is part of Saudi Arabia’s $1.5bn initiative to enhance AI development within the region.

Groq has also announced the availability of OpenAI’s models gpt-oss-120B and gpt-oss-20B on GroqCloud. These models feature full 128K context capabilities with immediate response times and integrated server-side tools from deployment on Groq’s optimised platform.

Disruptive founder, chair, and CEO Alex Davis said: “As AI expands, the infrastructure behind it will be as essential as the models themselves.

“Groq is building that foundation, and we couldn’t be more excited to partner with Jonathan and his team in this next chapter of explosive growth.”