Groq

groq.com

Groq is a pioneering company in AI inference technology, providing fast and efficient solutions for both cloud and on-premises deployments. Founded in 2016, Groq's core product, the Language Processing Unit (LPU), is designed specifically for AI inference, offering instant speed, affordability, and energy efficiency. The company aims to democratize access to AI technology, deploying millions of LPUs to enhance productivity and innovation across various sectors. With a valuation of $2.8 billion, Groq is positioned as a strong competitor in the AI chip market, challenging established players like Nvidia.