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TechCrunch AI
Monday, June 22, 2026
Julie Bort

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

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

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