techcrunch
PublishedJune 22, 2026 at 8:13 PM
—neutral
AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal
Publisher summary· verbatim
What does an AI company do after one of those not-acqui-hire deals? Groq raised money, is leaning into its neocloud business, and is hiring new execs.
Stay posted· Newsletter
A 5-min weekly brief — top movers, price watch, story of the week.
Discussion
No replies yet. Be first.
Related coverage
More from TECHCRUNCH
techcrunchSeattle Times and Newsday are the latest publications to sue OpenAI and Microsoft5htechcrunchHikers rescued after using Google Gemini for planning8htechcrunchOpenAI confirms ‘wiki incident,’ says it’s ‘working on a framework’ for more disclosure9htechcrunchXDOF, just three months out of stealth, is in talks for a Series B at a $1.2B valuation1dThe Bubble Brief
WEEKLYRead AI insights every Tuesday — top movers, new releases, story of the week.
Originally published on techcrunch ↗