Groq, an AI inference chip company, has closed a Series D funding round worth $650 million. This capital infusion supports the company's efforts to accelerate development and deployment of its inference accelerators.

The funding reflects growing momentum in the market for alternatives to Nvidia's dominant GPU ecosystem. As inference workloads become increasingly central to AI infrastructure deployment, companies like Groq are gaining investor backing to scale specialized hardware designed for this specific use case. The capital will support both product advancement and commercialization efforts as Groq competes to capture a share of the expanding inference accelerator market.