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Tech & Startups

AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal

TechCrunch 22 June 2026, 20:13 UTC 22 Jun 2026

AI chipmaker Groq confirms $650M raise, re-staffs after Nvidia’s $20B not-acqui-hire deal — TechCrunch

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.

This story was reported by TechCrunch. EUROPES curates Europe's most relevant coverage — read the full report at the original source.

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