Groq IPO Dreams Crushed by Nvidia “Non-Exclusive” Agreement

Nvidia has effectively acquired Groq for $20 billion. Disguised as a non-exclusive licensing agreement, Nvidia has acquired assets and leadership. Buy Nvidia stock to own Groq going forward. 

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Notable Groq News

12/24/2025: Groq and Nvidia Enter “Non-Exclusive Agreement”
12/24/2025: Nvidia buys Groq’s assets for $20
09/17/2025: Groq Raises $750 Million at $6.9 Billion Valuation
07/29/2025: Groq Nears $600 Million Fundraising Deal
Older news…

About Groq

Groq was an artificial intelligence (AI) company that designs and develops high-performance processing chips and accelerators.

Its flagship product is the Language Processing Unit (LPU), previously known as the Tensor Streaming Processor (TSP). The LPU is an application-specific integrated circuit (ASIC) designed to increase the performance of AI computing for large language models, AI image generators, and other AI applications.

Groq doesn’t make LLMs like AI companies Anthropic and Mistral AI. But its technology makes them faster. So, they can take open-source models and run them at higher speeds than the LLMs could on their own, improving the user experience.

While competitors Nvidia and Cerebras offer more generalized GPUs for AI processing of massive models and Lightmatter uses photonics, Groq’s unique combination of high-speed, deterministic AI processing sets it apart, focusing on serving real-time applications and predictable performance.

Groq also offers a software stack that complements its hardware, as well as on-premises racks or cloud AI computing services.

Jonathan Ross and a team of engineers founded Groq. The team previously worked at Google on the Tensor Processing Unit (TPU) project — Google’s in-house AI accelerator.

The company is headquartered in Mountain View, California, near Google. It was acquired by Nvidia on Christmas Eve, 2025.

Here’s an interview with Groq CEO Jonathan Ross. He talks about breaking speed records:

Pre-Acquisition Ownership

Groq was a venture-backed startup. Its equity ownership participants included the founders, employees, and several venture capital firms.

Prominent venture capital investors included (but are not limited to) Blackrock, Disruptive, Cisco, Deutsche Telekom, KDDI, Tiger Global Management, Neuberger Berman, Samsung Catalyst Fund, Global Brain, Infinitum Partners, IronArc Ventures, Millennia Capital, and Type One Ventures.

Nvidia acquired Groq’s assets and leadership in late 2025.

Funding Rounds

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Valuation

The latest confirmed Groq valuation is $20 billion based on acquisition by Nvidia in December 2025. 

IPO Potential

A Groq IPO date will not occur. Nvidia acquired Groq’s assets and hired its leadership, effectively taking over the company while attempting to evade regulatory oversight.

How to Invest in Groq Stock

Investors can now buy Nvidia stock to invest in Groq.

Frequently Asked Questions (FAQs)

What does the name Groq mean?

The name Groq comes from the science fiction novel Stranger in a Strange Land by Robert Heinlein, and it means to understand something deeply and with empathy.

Are Groq and Grok the same company?

No. “Groq” is a private company that makes AI chips. “Grok” is a generative AI chatbot developed by Elon Musk’s xAI and available on xAI’s X platform (Twitter).

Both take their names from the novel Stranger in a Strange Land. Groq has modified the spelling.

Is Groq publicly traded?

No. Groq is not publicly traded. It is a part of Nvidia.

What is the Groq stock price?

A public Groq stock price does not exist. The company is essentially owned by Nvidia. 

What is the Groq stock symbol?

There is no Groq stock symbol because the company is private.

The symbol “GROQ” is available in the U.S. in the unlikely event of a spinoff from Nvidia.

Where is the Groq IPO S-1 Filing?

The Groq S-1 filing has not been released to the public, and there is no indication of a confidential filing.

The document will become available if the company submits filings to the SEC and the regulatory commission approves and releases it to the public.

We’ll post a copy of the S-1 filing on this page when it becomes available.

You can monitor the most recent S-1 IPO filings on this website.

News Archive

07/09/2025: Groq discusses $6 billion valuation
02/10/2025: Groq secures $1.5 billion commitment from Saudi Arabia
08/05/2024: Groq Raises $640M Series D
07/10/2024: Groq Nears $2.2 billion valuation
05/22/2024: Groq Enlists Morgan Stanley to Raise $300 Million
04/14/2021: Groq Closes $300 Million Fundraise
09/05/2018: Secretive semiconductor startup Groq raises $52M from Social Capital
04/20/2017: Google engineers have left to form a stealth start-up

Conclusion

Product users and potential investors become excited when they discover companies capitalizing on macroeconomic trends like AI processing chips and software.

Groq may be uniquely positioned to profit from the massive potential of artificial intelligence computer processing.

But buying private stock early on can be challenging for retail investors despite wanting to own the company.

Multiple pre-IPO platforms now provide opportunities for ordinary investors. However, venture capital investment is still primarily reserved for the ultra-wealthy, meaning investors need significant wealth to invest in seed and early funding rounds.

The risks of owning pre-IPO stocks may outweigh the potential gains, so proceed cautiously.