Groq | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Groq is the creator of the LPU™ AI Inference Technology for fast, affordable, and energy efficient AI. Headquartered in Silicon Valley,...


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Groq is the creator of the LPU™ AI Inference Technology for fast, affordable, and energy efficient AI. Headquartered in Silicon Valley, Groq provides cloud and on-prem solutions at scale for AI applications. The LPU and related systems are designed, fabricated, and assembled in North America.

Website
Headquarters
Mountain View, California
Size
51-200 employees
Industry
Semiconductor Manufacturing
Specialities
ai, ml, artificial intelligence, machine learning, engineering, hiring, compute, innovation, semiconductor, llm, large language model, gen ai, systems solution, generative ai, inference, LPU, Language Processing Unit

🛍️ Groq Product and Pricing News →

👔 Groq CEO, Management and Leadership Team →

⚔️ Groq Alternatives and Competitors →

💼 Groq Hiring and Layoffs →

🤖 Groq Developer, Integration and Automation News →

📈 Groq Financials, Fundraising and Valuation News →

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🛍️ Groq Product and Pricing News

  • Groq announced real-time image analysis using Meta's Llama 3.2 90B Vision Preview model with fast AI inference and supports over 100 languages with a P50 latency of 3.17 seconds.
  • Groq announced IKSIKA.i, a tool that provides instant image descriptions in over 100 languages with real-time text-to-speech.
  • Groq released a Python package called groq-gradio on October 30, 2024, to help users build AI apps with Gradio interfaces using Groq models.
  • Nathan Manzotti developed a Fact Checker Tool using the LLAMA-3.1-70B model hosted on Groq to verify claims and combat misinformation.
  • Groq announced LLMate, a tool that simplifies finding the perfect model by translating tasks into Huggingface searches and summarizing results.

  • Groq has customized Agent Zero with Llama 3.2 and MongoDB for memory.
  • Groq has introduced Groq Sandbox, a platform using their proprietary LPU™ technology to provide ultra-fast AI inference for chatbots and other AI tasks.
  • Groq has integrated its Chat Model with Personal AI using n8n to automate workflows and connect with over 1000 integrations.

👔 Groq CEO, Management and Leadership Team


⚔️ Groq Alternatives and Competitors

  • DeGirum
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  • Graphcore
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  • Tenstorrent
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  • Blaize
  • |
  • Lambda
  • |
  • NeuReality
  • |
  • Ampere
  • |
  • Arm
  • |
  • Zero ASIC
  • |
  • Cerebras Systems
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  • GrAI Matter Labs
  • |
  • Habana Labs
  • |
  • Rambus
  • |
  • Ambarella
  • |
  • SambaNova Systems
  • |
  • MediaTek
  • |
  • Tachyum
  • |
  • Navikenz
  • |
  • NEUCHIPS
  • |
  • d-Matrix
  • |
  • Kore.ai
  • |
  • Cambricon Technologies

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💼 Groq Hiring and Layoffs

  • Christopher Stephens joined Groq as Field CTO to lead AI Solutions and Customer Success.
  • Julien GROS has joined Groq as a Private Investor in France, previously working at OpenAI in the same position.
  • Stuart Pann joined Groq as Chief Operating Officer, bringing experience from HP and Intel.
  • Meta chief scientist Yann LeCun, Ross's former computer science professor at NYU, recently joined Groq as a technical advisor.
  • Deepak Asnani has joined Groq as Director Post Silicon Validation in the United States, previously working as a Hardware Engineer at Google.


🤖 Groq Developer, Integration and Automation News

  • Groq has formed a strategic relationship with Celestica to manufacture AI/machine learning servers and full rack solutions, with initial programs starting in early 2025.
  • Groq has partnered with Rapport to enhance AI by integrating ultra-fast large language models like Llama 3.2, aiming to create more natural and human-like digital experiences.
  • Groq's LPU AI inference technology will power RADPAIR's upcoming AI co-pilot for radiologists called WINGMAN.
  • Groq has partnered with Toolhouse to enhance semantic search with their fast AI inference technology.
  • Groq has partnered with JigsawStack to enhance the speed and power of JigsawStack's Prompt Engine.

  • Groq announced a collaboration with E2B to combine fast LLMs with E2B's code interpreting layer.
  • Groq has collaborated with Meta to build 'Play,' an AI research product using the Llama3.1 open source model and a multi-terabyte vector database.
  • Groq and Aramco Digital will start providing a lot of tokens globally later this year and in 2025.

📈 Groq Financials, Fundraising and Valuation News

  • Groq was recognized as one of the top 25 remote tech companies to watch in 2025 after raising $640 million in a Series D round in August 2024.
  • Groq has acquired MaxelerTech, a company that provides dataflow computing platforms.
  • Global Alternative Investment Management LLC announced the successful close of its latest venture capital fund targeting strategic investment in Groq.
  • Global Alts successfully closed its venture capital fund targeting strategic investment in Groq.
  • Ventioneers recently made a strategic investment in Groq.

  • Groq raised $640 million in a funding round led by BlackRock and backed by KDDI, Samsung Electronics, and Cisco, valuing the company at $2.8 billion
  • Groq is experiencing continued growth and monetization by onboarding paid customers daily, according to Sunny Madra, Cloud, Sales and Ops at Groq.

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