Groq, Inc. develops specialized AI inference chips and cloud tools designed to efficiently run large language models at unprecedented speeds. Founded in 2016 and headquartered in Mountain View, the company has positioned itself as a critical infrastructure provider in the rapidly expanding AI ecosystem, offering hardware and software solutions that significantly reduce latency and computational costs for AI applications. With a current valuation of $3.6 billion, Groq has emerged as a notable competitor in the AI chip market, challenging traditional GPU-based inference solutions. The company continues focusing on optimizing AI workload performance for enterprise customers requiring real-time AI processing capabilities.