{"id":1010684,"date":"2026-05-29T08:49:16","date_gmt":"2026-05-29T03:19:16","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1010684"},"modified":"2026-05-29T08:50:45","modified_gmt":"2026-05-29T03:20:45","slug":"groq-targets-650-million-fundraise-after-nvidia-licensing-deal-report","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/05\/29\/groq-targets-650-million-fundraise-after-nvidia-licensing-deal-report\/","title":{"rendered":"Groq targets $650 million fundraise after Nvidia licensing deal: Report"},"content":{"rendered":"<p>Groq is raising up to $650 million from existing investors, Axios reported on Thursday, after the AI chip startup signed a $17 billion licensing deal with Nvidia in December. <\/p>\n<p>Groq has \u200cbeen \u2060shifting focus \u2060away from hardware toward AI inferencing, where it specialises in enabling trained AI models to respond to user requests. <\/p>\n<p>The startup&#8217;s investors have already received payouts, with \u200ba final cash distribution \u2060expected soon \u200cthrough the Nvidia deal, \u200bAxios \u200breported.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Groq is raising up to $650 million from existing investors, Axios reported on Thursday, after the AI chip startup signed a $17 billion licensing deal with Nvidia in December. Groq has \u200cbeen \u2060shifting focus \u2060away from hardware toward AI inferencing, where it specialises in enabling trained AI models to respond to user requests. The startup&#8217;s investors have already received payouts, with \u200ba final cash distribution \u2060expected soon \u200cthrough the Nvidia deal, \u200bAxios \u200breported.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1010684","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010684","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1010684"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010684\/revisions"}],"predecessor-version":[{"id":1010685,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1010684\/revisions\/1010685"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1010684"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1010684"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1010684"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}