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SAVRN Research · Capital Atlas · NeoCloud and GPU cloud

Groq Data Center Capex and Sites

Groq raised $640 million in August 2024 at a $2.8 billion valuation, $750 million in September 2025 at $6.9 billion, and $650 million in June 2026, alongside a $1.5 billion Saudi commitment announced February 2025 tied to a Dammam data center. A later Reuters page renders the Saudi figure as $15 billion; the atlas treats $1.5 billion as the originally reported commitment. Nvidia agreed to acquire Groq's assets for about $20 billion in cash, its largest purchase on record, while Groq characterized it as a non-exclusive licensing agreement without disclosing a price. Groq operates 13 data centers with a 200MW target by end-2027.

Updated October 8, 2026 1 named site 6 financing transactions 3 sourced facts 5 sources
Groq
NeoCloud and GPU cloud
Financing regimeventure equity plus sovereign (Saudi) commitment; assets acquired by Nvidia per CNBC
Named sites
1
Site-level commitments the atlas ties to Groq
Disclosed site capital
$1.5B
Sum of named sites with a stated dollar figure. Not a capex total; see the spending table
Disclosed capacity
n.a.
Sum of named sites with a stated megawatt figure
Financing transactions
6
Transactions naming Groq or tied to one of its sites
Spending

Reported and guided spending

Groq has no reported or guided spending line in the atlas. Its position is recorded through its named sites, its transactions and its sourced facts below.
Named sites

Where Groq builds

Saudi Arabia
1 site · $1.5B disclosed
SiteStatePlaceCapitalMWStatusSources
Dammam data center
with Saudi Arabia
Saudi Arabia Dammam $1.5B n.a. announced
Financing

Financing transactions

Transactions that name Groq as a party or attach to one of its named sites. Amounts are as stated; overlapping commitments are never summed.

PartiesInstrumentAmountDateSiteSources
Nvidia + Groq
Nvidia agreed to buy AI chip startup Groq for about $20 billion, structured as an asset purchase with a non-exclusive license, an approximately $20 billion asset purchase. Nvidia held $60.6B cash at end-October per the same report.
acquisition ~$20.0B December 24, 2025 n.a.
Groq + Saudi Arabia
Saudi commitment tied to a Dammam data center, with approximately $500 million of Saudi contract revenue expected per the later Reuters page.
other ~$1.5B announced February 10, 2025 Dammam data center (Saudi Arabia)
Groq + Disruptive + BlackRock + Neuberger Berman + Samsung + Cisco + Altimeter + 1789 Capital
Round led by Disruptive with BlackRock, Neuberger Berman, Samsung, Cisco, Altimeter and 1789 Capital participating.
equity raise $750M September 17, 2025 n.a.
Groq + Disruptive + Infinitum
Raise to scale Groq's AI inference cloud business, with 13 data centers and a 200MW target by end-2027.
equity raise $650M June 22, 2026 n.a.
Groq + BlackRock Private Equity Partners + Cisco + Samsung Catalyst
Round led by BlackRock Private Equity Partners with Cisco and Samsung Catalyst.
equity raise $640M August 2024 n.a.
Groq + Disruptive + Nvidia
Groq raised $350 million to fund its pivot from AI chip design to operating a cloud of Nvidia systems, following a $650 million round in June 2026. Groq said it operates 13 data centers across North America, Europe, the Middle East and Asia Pacific and intends to scale from 54 MW to more than 200 MW in 2027
equity $350M Announced 17 August 2026 n.a.
The record

Sourced facts on Groq

  • The two Reuters figures for the Saudi commitment conflict ($1.5 billion originally, '$15 billion' on a later page); the atlas flags the discrepancy in-line and treats $1.5B as originally reported.
  • Groq operates 13 data centers with a 200MW target by end-2027, following a December 2025 non-exclusive Nvidia licensing agreement; it had been targeting $500 million of revenue for the year, with approximately $500 million of Saudi contract revenue expected per Reuters.
  • Groq's North American data center-level MW and site names beyond the 13-facility/200MW aggregate are n.a.
Sources

Sources for Groq

Every source cited on this page, once each. The full atlas source register is at Capital Atlas sources.

NeoCloud and GPU cloud: one page each

The figure beside each provider is its count of named sites in the atlas.

Part of the North American Data Center Capital Atlas, refreshed every Tuesday, Thursday and Saturday. Site commitments overlap reported capital expenditure and overlap one another, so this page shows each figure as its source states it and never adds them into a single deployment number. Informational, not investment advice.
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