AI-inference chipmaker Groq raises $750M to reach $6.9B valuation (CSCO:NASDAQ)

Group 1 - Groq, a developer of hardware specifically designed for artificial intelligence inference, has successfully raised $750 million in its latest funding round [3] - This funding round has led to Groq achieving a valuation of $6.9 billion [3] - The funding was led by Disruptive and included investments from notable firms such as Blackrock and Neuberger [3]