Groq, the pioneer in AI inference, announced $750 million in new financing at a post-money valuation of $6.9 billion. The round was led by Disruptive with significant investment from Blackrock, Neuberger Berman, Deutsche Telekom Capital Partners and a large US-based West Coast mutual fund manager. The raise also included continued support from Samsung, Cisco, D1, Altimeter, 1789 Capital and Infinitum.

Groq powers more than two million developers and Fortune 500 companies with fast, affordable compute and is growing its presence globally, building on existing data centers in North America, Europe, and the Middle East.