Expansion into Saudi Arabia Groq recently expanded its facilities to Saudi Arabia through a collaboration with Aramco, indicating a growing market presence in the region that could lead to new sales opportunities.
Strategic Partnerships Partnerships with companies like Aramco Digital and Touchcast Inc. highlight Groq's focus on strategic collaborations to enhance its AI inference capabilities, creating potential avenues for increased sales through joint offerings.
Investment from Industry Leaders Groq's significant investment from companies like Cisco Systems Inc. and Global Brain not only boosts its financial health but also signifies industry recognition, paving the way for more sales opportunities and partnerships.
Fast AI Inference Technology Groq's cutting-edge LPU AI Inference Technology offers exceptional compute speed, quality, and energy efficiency, positioning the company as a leader in providing high-performance AI solutions that can attract tech-savvy customers and drive sales.
Market Valuation and Revenue Growth With a valuation of $2.8 billion and revenue in the range of $10-50 million, Groq demonstrates a solid financial foundation and growth potential, making it an attractive choice for customers seeking reliable and innovative AI semiconductor solutions.
Groq uses 8 technology products and services including Grafana, GitHub, Twitter Emoji (Twemoji), and more. Explore Groq's tech stack below.
| Groq Email Formats | Percentage |
| FLast@groq.com | 87% |
| Last@groq.com | 8% |
| First@groq.com | 4% |
| FL@groq.com | 1% |
Semiconductor ManufacturingCalifornia, United States201-500 Employees
Groq is fast AI Inference. The Groq LPUâ„¢ AI Inference Technology delivers exceptional compute speed, quality, and energy efficiency. Groq, headquartered in Silicon Valley, provides cloud and on-prem inference at scale for AI applications. The LPU and related systems are designed, fabricated, and assembled in North America. Learn more and try Groq speed today at groq.com.
Company Overview
Funding & FinancialsGroq has raised a total of $640M of funding over 6 rounds. Their latest funding round was raised on Aug 05, 2024 in the amount of $640M.
Groq's revenue is in the range of $10M$50M
Funding & FinancialsGroq has raised a total of $640M of funding over 6 rounds. Their latest funding round was raised on Aug 05, 2024 in the amount of $640M.
Groq's revenue is in the range of $10M$50M
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