The Latest Breaking News from Groq

Groq, a rival to Nvidia in the AI chip race, has entered into a non-exclusive agreement with the Green Team, with a deal valued at $20 billion, roughly $13 billion more than Groq's last evaluation. Nvidia will also hire the firm's founder and CEO, along with its President, as part…

Nvidia has sealed the deal with Groq — a $20 billion acquisition announced 24 December 2025. AI firms are speculating AI chip monopoly could be underway.

The surge of money into artificial intelligence is a sign of activity, not a warning sign of collapse, according to Groq CEO Jonathan Ross. 

The market’s focus on a single metric caused a stock pullback that overshadowed IBM's financial results and its new strategic AI hardware partnership.

International Business Machines Corp. (NYSE:IBM) and Groq have announced a partnership to speed up enterprise use of agentic artificial intelligence.

On Wednesday, Silicon Valley startup Groq announced $750 million in new financing, valuing the Nvidia Corporation (NASDAQ:NVDA) rival at $6.9 billion as it expands its global footprint in AI inference infrastructure.

On Wednesday, Nvidia Corporation (NASDAQ:NVDA) briefly hit $4 trillion market cap. Meanwhile, its rival Silicon Valley startup Groq is reportedly aiming to raise fresh capital at a $6 billion valuation to fulfill a major Saudi contract.

Positioning itself as leaner and faster at inference workloads, Groq is hoping to outcompete Nvidia at its own game.

Groq, a U.S.-based startup specializing in AI chips, has launched its first European data center in Helsinki, Finland as part of the company's international expansion and goal to meet the rising demand for AI services across Europe. 

Meta should buy Groq and Cerebras to secure Llama’s open AI future.

Race Capital's Alfred Chuang calls Open vs. closed a fundamental debate about who will control AI's potential as a trillion-dollar industry takes shape.