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Groq more than doubles valuation to $6.9 billion as investors bet on AI chips

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AI Chips: Groq more than doubles valuation to $6.9 billion as investors bet on AI chips
Published
Sep 17, 2025
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Chip startup Groq said on Wednesday it has raised $750 million, more than doubling its valuation to $6.9 billion in just over a year as Wall Street bets big on the hardware that powers artificial intelligence technology.

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