Company Directory - Groq
Company Details - Groq
CCI Score
CCI Score: Groq
-38.67
0.02%
Latest Event
Groq Employee Compensation and Saudi Funding Controversy
Groq's decision to have employees trade part of their cash compensation for equity during a severe cash crunch, combined with securing $1.5 billion in funding from Saudi Arabia, raises serious concerns. The move highlights potential labor exploitation and problematic economic collaborations with an authoritarian regime, reflecting business practices that may support broader oppressive economic structures.
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TOADIE
Groq is currently rated as a Toadie.
Latest Events
- FEB192025
Groq's decision to have employees trade part of their cash compensation for equity during a severe cash crunch, combined with securing $1.5 billion in funding from Saudi Arabia, raises serious concerns. The move highlights potential labor exploitation and problematic economic collaborations with an authoritarian regime, reflecting business practices that may support broader oppressive economic structures.
-50
Economic and Structural Influence
March 24
The deal securing $1.5 billion from Saudi Arabia places Groq in economic collaboration with an authoritarian regime known for questionable human rights practices. This financial engagement with a repressive government underscores significant concerns regarding the company's structural influence and alignment with regimes that may undermine democratic and human rights norms.
Groq Once Asked Staff to Cut Some of Their Cash Compensation - Business Insider
-20
Business Practices and Ethical Responsibility
March 24
Groq’s decision to ask employees to forgo a portion of their cash compensation in favor of equity—framed as a necessary measure to avoid collapse—raises concerns about labor rights and ethical business practices. While a sizeable majority participated, the coercive context under financial distress suggests exploitation of workers in a high-risk environment.
Groq Once Asked Staff to Cut Some of Their Cash Compensation - Business Insider
- FEB172025
Groq secured a $1.5 billion investment from Saudi Arabia aimed at expanding its AI infrastructure. CEO Jonathan Ross's public praise of the Kingdom’s Vision 2030 raises concerns about the company’s direct engagement with an authoritarian regime, thereby intertwining Groq with political and economic practices that may bolster authoritarian interests.
-30
Executive Political Engagement
March 24
Groq's CEO, Jonathan Ross, publicly expressed honor in supporting the Kingdom’s Vision 2030 during LEAP 2025. This statement can be viewed as an endorsement of a regime with an authoritarian track record, raising red flags about executive political engagement aligning with authoritarian interests.
-40
Economic Collaboration
March 24
The $1.5 billion investment from Saudi Arabia represents significant economic collaboration with a regime known for its authoritarian practices and human rights concerns. This financial engagement risks compromising Groq's independence and may facilitate the furthering of authoritarian economic agendas.
- FEB162025
At the 2025 LEAP tech conference, Groq secured a $1.5 billion commitment from Saudi Arabia in a high-profile partnership that aligns the company with an authoritarian regime pursuing Vision 2030. This deal raises concerns regarding the political and economic implications of collaborating with a regime known for authoritarian practices.
-50
Executive Political Engagement
March 24
Groq’s CEO participated in a high-visibility demo alongside Saudi officials, which signals explicit executive political engagement with an authoritarian regime. This association can be seen as endorsing authoritarian policies by aligning corporate leadership with a government known for its repressive practices.
-40
Economic Collaboration
March 24
The $1.5 billion deal represents significant economic collaboration with an authoritarian regime. By accepting this investment, Groq not only gains technological and financial advantages but also indirectly legitimizes and bolsters the regime's broader ambitions in AI as part of Vision 2030, raising concerns about the ethical implications of such a partnership.
- FEB132025
Saudi Arabia’s massive investment in Groq to expand AI inference infrastructure has raised concerns about the company’s economic collaboration with an authoritarian regime. Critics argue that the deal may facilitate the use of advanced AI for surveillance and control, aligning Groq with repressive state agendas.
-10
Public and Political Behavior
March 24
Groq’s participation in a high-profile, state-funded AI project signals a subtle endorsement of regimes that may utilize technology for authoritarian ends. This involvement raises questions about the company’s public and political behavior in the context of supporting repressive governments.
Saudi Arabia Commits $1.5 Billion to Expand AI Infrastructure with Groq – AIM
-40
Technology and Services Impact
March 24
The deployment of Groq's advanced AI inference technology in Saudi Arabia could be repurposed for surveillance and other repressive applications. This rating reflects concerns that the technology may assist in reinforcing authoritarian practices by enhancing state control over information and dissent.
Saudi Arabia Commits $1.5 Billion to Expand AI Infrastructure with Groq – AIM
-60
Economic and Structural Influence
March 24
The $1.5 billion deal underscores a profound economic collaboration with an authoritarian regime, which may bolster state power and contribute to repressive economic structures. This engagement is viewed as a worrisome alignment with policies that favor the consolidation of authoritarian control.
Saudi Arabia Commits $1.5 Billion to Expand AI Infrastructure with Groq – AIM
- FEB122025
Groq, a U.S.-based AI chipmaker, has secured a $1.5 billion investment from Saudi Arabia as part of the Kingdom’s Vision 2030 initiative. This deal, aimed at expanding AI chip deployment in industrial sectors, directly ties the company to an authoritarian regime known for repressive practices. This financial collaboration raises concerns about the role of corporate funding in enabling authoritarian governance models by providing critical technological support to such regimes.
-50
Economic Collaboration
March 24
Groq's acceptance of a $1.5 billion investment from Saudi Arabia represents a clear instance of economic collaboration with an authoritarian regime. Saudi Arabia is widely criticized for its human rights record and autocratic governance. By aligning itself with the Kingdom’s Vision 2030 initiative, Groq is indirectly enabling the regime's authoritarian agenda through the infusion of capital and technology. This deal, while boosting Groq's expansion in AI, raises serious ethical concerns about complicity in financing a state known for suppressing dissent and undermining democratic values.
AI Chip Maker Groq Secures $1.5 Billion from Saudi Arabia to Advance AI Infrastructure
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