Groq has secured $650 million in fresh funding to accelerate the expansion of its AI inference cloud platform. The funding round was led by Disruptive and Infinitum, with existing investors also increasing their commitments.

The company's growth phase began in December 2025 with a non-exclusive licensing agreement with NVIDIA. Earlier this year, NVIDIA unveiled its next-generation LPX platform, which incorporates Groq's inference technology. Following these developments, Groq's board and lead investors worked with the management team to sharpen the company's focus on AI inference infrastructure.

Over the past few months, Groq has strengthened its leadership team and streamlined its operations around large-scale inference. The company currently operates 13 data centers across North America, Europe, the Middle East, and APAC, serving more than five million developers and thousands of AI-native companies that consume trillions of tokens each week.

The new capital will accelerate the deployment of Groq's latest inference technology, including NVIDIA's new LPX system, across its existing footprint. Groq expects to scale toward 200 MW capacity by the end of 2027.

Alex Davis, Groq Chairman and Founder and Chief Executive Officer of Disruptive, said: "Groq has spent years building the technology, infrastructure, and operational expertise required for the next phase of AI. Today, the company has a proven global platform, a world-class leadership team, and a clear strategy focused on one of the most important opportunities in technology: AI inference at scale. We believe that combination positions Groq to become a foundational layer of the AI economy."

John Yetimoglu, Groq board member and Founder and Chief Investment Officer of Infinitum, said: "We believe inference will become the largest infrastructure market in technology. As AI moves from experimentation to production, demand for reliable, cost-efficient inference will continue to grow exponentially. Groq has the rare combination of differentiated technology, operating expertise, and global scale required to capitalize on that opportunity."

Groq has expanded its leadership team as it scales its AI infrastructure business. Alex Davis chairs the company, while Adam Winter serves as chief executive officer and Matt Eng as chief financial officer. Alan Rice, who previously worked at xAI and Meta's data center operations and earlier served in the US Navy, has joined as chief operating officer.

From July, Groq will bring in Sinclair Schuller as chief technology officer and Rakesh Malhotra as chief product officer. The two executives previously worked together at cloud platform company Apprenda, which was acquired by Atos. They later co-founded software engineering and digital transformation firm Nuvalence, which was acquired by EY in 2024. Malhotra spent nearly a decade at Microsoft, where he worked on cloud, data center management, and enterprise storage products.

Groq is betting on AI inference—the process of running trained AI models—as demand for computing power continues to rise. Industry estimates suggest that inference could eventually require 15 to 20 times more computing capacity than AI training. While many AI cloud providers focus on training models, Groq is concentrating on inference infrastructure, an area where it sees significant growth opportunities.