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Groq, Inc.


Groq Stock

Groq is a pioneering technology company specializing in delivering accelerated computing solutions. With a strong emphasis on AI and machine learning applications, Groq's innovative hardware and software platforms are designed to drastically enhance computational speed and efficiency. The company targets a broad range of industries, including finance, healthcare, and automotive, providing tailored solutions that meet diverse computational demands.

Founded: 2016

Groq Website

Groq Company Overview

Founded by a team of former Google engineers, Groq has quickly established itself as a leader in the field of accelerated computing. The company's flagship product, the GroqChip, is a tensor processing unit that offers unparalleled performance for machine learning tasks. This technology significantly reduces the latency and power consumption typically associated with complex computations, making it ideal for real-time applications. Groq's approach to hardware design is unique in its simplicity and scalability, allowing for seamless integration with existing data center infrastructures. This adaptability has enabled Groq to attract a notable client base, including several Fortune 500 companies. The founders, including Jonathan Ross who played a pivotal role in the development of Google's TPU, have emphasized a vision focused on making AI computing more accessible and efficient. Groq's business model revolves around both direct hardware sales and a platform-as-a-service offering, GroqCloud, which provides customers with access to its powerful computational resources over the cloud. This dual approach not only maximizes the potential reach of its products but also provides flexibility in how clients can leverage Groq's technology. The company has also been proactive in forming strategic partnerships and collaborating on research initiatives to stay at the forefront of technological advancements in AI computing.

Management Team

Jonathan Ross CEO, Founder
Adam Tachner Chief Legal Officer, VP of Corporate Development
Adrian Mendes COO
Estelle Hong Chief of Staff to CEO, Head of Strategic Operations
Samidh Chakrabarti Chief Product Officer
Michelle Donnelly Chief Revenue Officer

Funding Information