US-based AI infrastructure company Groq has raised US$650 million in growth capital to expand its AI inference cloud.

The round was led by Disruptive and Infinitum, with participation from existing investors, the company said.

Its current strategy began to take shape after it signed a non-exclusive licensing agreement with Nvidia in December 2025. Nvidia later announced its next-generation LPX platform at GTC, incorporating Groq’s inference technology.

Following those developments, Groq narrowed its focus to AI inference cloud services, strengthened its leadership team, and aligned its operating model around inference capacity at scale.

Founded in 2016, Groq develops infrastructure for AI inference, the process of running trained models in real time. The company developed its LPU technology and operates GroqCloud, a platform for running AI models with lower latency and cost.

The company currently operates 13 data centres across North America, Europe, the Middle East, and APAC. It says its platform is used by more than five million developers and thousands of AI-native companies, processing trillions of tokens each week. 

The new capital will be used to fit out Groq’s existing data centre footprint with its latest inference technology, including Nvidia’s new LPX system. Groq expects to scale towards 200MW by the end of 2027.

“Groq has spent years building the technology, infrastructure, and operational expertise required for the next phase of AI,” said Alex Davis, Groq chairman, founder, and CEO of Disruptive, adding that the company has built a global platform and is focusing its strategy on AI inference at scale.

Groq says its near-term advantage lies in its experience running AI inference workloads and operating its LPU systems at scale.

New leadership hires

The company is now trying to turn that technical base into broader commercial adoption. Groq is chaired by Alex Davis of Disruptive and led by CEO Adam Winter and CFO Matt Eng, both of whom have been involved in building the company’s technology, infrastructure footprint and commercial operations.

They are joined by COO Alan Rice, who previously worked at xAI, now SpaceXAI, and Meta Datacenters, after an earlier career in US Navy nuclear submarine operations.

From July, Groq is also appointing Sinclair Schuller as CTO and Rakesh Malhotra as CPO. Schuller founded enterprise cloud platform Apprenda, which was later sold to Atos. He and Malhotra also co-founded Nuvalence, a software engineering and digital transformation firm acquired by EY in 2024.