AI chip startup Groq is currently in negotiations for a new round of funding, aiming to raise around $600 million, which would value the company at nearly $6 billion. According to Bloomberg, the deal is not yet finalized, and specific terms may change.

In August 2024, Groq successfully raised $640 million, valuing the company at $2.8 billion. In just one year, the company's valuation has almost doubled, an impressive growth rate. Previously, Groq had raised a total of about $1 billion in funding.

This round of financing is led by Disruptive, an investment firm based in Texas. Notably, the financing in November last year was led by BlackRock, and was also participated by Neuberger Berman, Type One Ventures, Cisco, KDDI, and Samsung Catalyst Fund, among other institutions.

Groq, founded in 2016 by Jonathan Ross, who previously developed Tensor processing unit chips at Google, has started to reveal its ambitions in the AI chip field after staying out of the public eye.

The background of this round of financing is that Groq reached an exclusive cooperation with Bell Canada in May, aiming to promote its large-scale AI infrastructure project. In addition, in April, Groq also reached a cooperation with Meta to provide AI infrastructure for the latter to accelerate the inference capability of Llama4. The advancement of these strategic cooperations not only highlights Groq's influence in the industry, but also adds momentum to its financing activities.

Although Disruptive and Groq did not immediately respond to the reporter's request for comment, the market's attention to this emerging company is increasing day by day, and its future development is worth looking forward to.