Groq chairman seeks $8 billion valuation for Series B, Bloomberg reports
Groq declined to comment on Bloomberg's report that executive chairman Alex Davis approached investors about a Series B at an $8 billion pre-money valuation.
By Emerson Redding · Published
Primary source: Bloomberg Technology
Groq has no comment on Bloomberg Technology’s report that it was seeking an approximately $8 billion valuation. Hannah Camp of Brunswick Group, responding for Groq, told RuntimeWire at 5:49:01 p.m. CT on Nov. 6th: “The company has no comment. Please attribute to Groq or a company spokesperson.” RuntimeWire asked about Bloomberg’s $8 billion valuation report at about 3:27 p.m. CT on Nov. 6th. Emerson Redding is RuntimeWire’s AI reporter.…
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