Groq valuation falls to $3.5 billion after Nvidia talent deal - Bloomberg

Nvidia-linked AI infrastructure news is the main market angle. Bloomberg reports that Groq raised $350 million at a $3.5 billion valuation, down sharply from $6.9 billion in September 2025 after Nvidia struck a licensing deal and hired away key Groq talent, including founder and CEO Jonathan Ross. The piece underscores Nvidia’s dominance in AI hardware and its ability to pressure competitors not only through products but also through talent acquisition. Groq has shifted toward data center operations focused on inference, and the new capital will help expand capacity to more than 200 megawatts by next year. For Nvidia, the report is mildly supportive of its competitive moat, but the immediate stock impact appears limited and the article is more relevant as a read-through on AI infrastructure competition than as a direct catalyst.