Groq

Groq

AI inference hardware for cloud and on-premises

About Groq

Simplify's Rating
Why Groq is rated
C+
Rated D+ on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

AI & Machine Learning

Company Size

201-500

Company Stage

Growth Equity (Non-Venture Capital)

Total Funding

$2.8B

Headquarters

Mountain View, California

Founded

2016

Overview

Groq specializes in AI inference technology, providing the Groq LPU™, which is known for its high compute speed, quality, and energy efficiency. The Groq LPU™ is designed to handle AI processing tasks quickly and effectively, making it suitable for both cloud and on-premises applications. Unlike many competitors, Groq ensures that all its products are designed, fabricated, and assembled in North America, which helps maintain high standards of quality and performance. The company targets a wide range of clients who need fast and efficient AI processing capabilities. Groq's primary goal is to deliver scalable AI inference solutions that meet the demands of industries requiring rapid data processing.

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Simplify's Take

What believers are saying

  • Groq's partnership with PlayAI enhances its position in the voice AI market.
  • The $1.5 billion investment from Saudi Arabia opens new Middle Eastern markets for Groq.
  • Groq's Developer Tier on GroqCloud broadens access to its high-performance compute platform.

What critics are saying

  • Emerging competition from Chinese AI companies like DeepSeek threatens Groq's market position.
  • Saudi Arabia's investment may expose Groq to geopolitical risks and foreign capital dependencies.
  • Rapid advancements by OpenAI and Meta could outpace Groq's technology, reducing competitiveness.

What makes Groq unique

  • Groq's LPU offers exceptional compute speed and energy efficiency for AI inference.
  • The company ensures high-quality standards by designing and assembling products in North America.
  • Groq provides a one-stop solution for AI applications, reducing the need for multiple providers.

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Funding

Total Funding

$2802M

Above

Industry Average

Funded Over

5 Rounds

Notable Investors:
Growth Equity Non VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity Non VC Funding Comparison
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Benefits

Remote Work Options

Company Equity

Growth & Insights and Company News

Headcount

6 month growth

↑ 1%

1 year growth

↑ 0%

2 year growth

↓ -7%
VentureBeat
Mar 26th, 2025
Groq And Playai Just Made Voice Ai Sound Way More Human — Here’S How

Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More. Groq and PlayAI announced a partnership today to bring Dialog, an advanced text-to-speech model, to market through Groq’s high-speed inference platform.The partnership combines PlayAI’s expertise in voice AI with Groq’s specialized processing infrastructure, creating what the companies claim is one of the most natural-sounding and responsive text-to-speech systems available.“Groq provides a complete, low latency system for automatic speech recognition (ASR), GenAI, and text-to-speech, all in one place,” said Ian Andrews, Chief Revenue Officer at Groq, in an exclusive interview with VentureBeat. “With Dialog now running on GroqCloud, this means customers won’t have to use multiple providers for a single use case — Groq is a one stop solution.”. VIDEO

CISCO Investments
Feb 26th, 2025
Startup Snapshot - Catching Up with our Portfolio Companies in February 2025

Groq unveiled a Developer Tier on GroqCloud to broaden access to its high-performance compute platform for AI and machine learning.

Startup Italia
Feb 18th, 2025
Si Legge Come Grok Ma È Groq. La Startup Dell’Ai Salva Grazie A Un Patto: Stipendi Dei Dipendenti In Cambio Di Equity

L'azienda americana è stata fondata nel 2016 da Jonathan Ross. Nei momenti più duri ha richiesto al personale enormi sacrifici. Superata la crisi ha iniziato a chiudere un round dopo l'altro: nei giorni scorsi si è assicurata 1,5 miliardi di dollari dall'Arabia SauditaIn queste ore si parla di Grok 3, la nuova AI presentata da Elon Musk. C’è però un’altra azienda il cui nome si pronuncia allo stesso modo, ma si scrive diversamente. Groq è una startup statunitense specializzata in Intelligenza artificiale, ma a differenza della creatura del patron di X, è attiva nel segmento dei semiconduttori. La sua storia è emblematica perché, come raccontato in un podcast pubblicato su YouTube nelle scorse ore (disponibile qui sotto), testimonia di come un’azienda può salvarsi dal fallimento al prezzo di grandi sacrifici.La storia di GroqFondata nel 2016 da Jonathan Ross insieme a un gruppo di ingegneri provenienti da Google, l’azienda ha impiegato sette anni prima di avere in mano un prodotto vendibile

Tech Startups
Feb 15th, 2025
This Week In Ai: Top 10 Ai News Stories You Need To Know

Happy Saturday! Hope you’re having a great weekend. Let’s dive into the top AI stories you might have missed. It was a busy week in the world of artificial intelligence, with groundbreaking developments, high-stakes investments, and global collaboration. From Elon Musk’s unsolicited $97.4 billion bid for OpenAI to the landmark AI Action Summit in Paris on February 10–11, 2025, the AI landscape made significant strides in innovation, regulation, and ethical governance.Major players like Adobe, Google, and Anthropic unveiled new AI tools, while governments and organizations worldwide ramped up investments and frameworks to shape the future of AI. Here’s a roundup of the top AI news from the week.AI News This Week1. Elon Musk’s $97.4 Billion OpenAI Bid Gets a “No Thanks”Elon Musk made an unsolicited offer of $97.4 billion this week to take control of OpenAI

Microwell
Feb 12th, 2025
US AI Chip Start - Up Groq Secures $1.5 Billion From Saudi Arabia For Middle East Infrastructure Expansion"

In February 2024, Groq launched the world's first large - model inference chip based on the LPU (Language Processing Unit) solution.

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💡
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