Groq has closed a $650 million growth round led by Disruptive and Infinitum, with existing investors choosing to reinvest alongside new capital. The funding goes toward expanding Groq’s AI inference cloud infrastructure, which currently spans 13 data centers across North America, Europe, the Middle East, and Asia-Pacific.
The company serves more than five million developers and thousands of AI-native companies, collectively processing trillions of tokens weekly. That scale gives some context for why the funding targets infrastructure expansion specifically rather than product development alone. Inference workloads are growing faster than most organizations anticipated even two years ago, and capacity is becoming the constraint that limits how quickly AI moves from pilot projects into daily production systems.
Groq plans to reach 200 megawatts of infrastructure capacity by the end of 2027. Part of that expansion involves deploying NVIDIA’s new LPX platform, which incorporates Groq’s own inference technology under a non-exclusive licensing agreement the two companies signed in December 2025. The LPX announcement came at NVIDIA’s GTC conference earlier this year, and Groq’s infrastructure will use the platform across its existing data center network as deployment scales.
The round also came with a leadership restructuring. Alex Davis of Disruptive takes the chairman role. Alan Rice joins as Chief Operating Officer, drawing on prior experience at xAI and Meta Datacenters, as well as a background in US Navy nuclear submarine operations. Starting in July, Sinclair Schuller joins as Chief Technology Officer and Rakesh Malhotra as Chief Product Officer. Schuller previously founded Apprenda, which Atos later acquired, and co-founded Nuvalence alongside Malhotra. EY acquired Nuvalence in 2024. Malhotra spent roughly a decade at Microsoft across cloud, data center management, and enterprise storage.
Davis framed the company’s position around a convergence of technology, infrastructure, and operational expertise that has been building for years. John Yetimoglu, Groq board member and founder of Infinitum, described inference as what he expects to become the largest infrastructure market in technology, noting that demand for reliable, cost-efficient inference will keep rising as AI transitions from experimentation into core production environments.
For infrastructure buyers watching which providers can deliver consistent inference capacity at scale, Groq’s funding and 2027 capacity targets give the company a more concrete foundation to compete on.
