It is reported that Groq is close to completing a new round of financing, and its valuation may double to $6 billion.

According to people familiar with the matter, AI chip startup Groq is in talks for a new round of $600 million in financing, with a valuation approaching $6 billion. However, the deal has not been finalized yet, and the terms are still subject to adjustment. In August 2024, Groq raised $640 million at a valuation of $2.8 billion; if this round of financing is successful, its valuation will double in about a year. The company has previously raised approximately $1 billion in total. (Zhitong Finance)