Company
Transforming AI computing with innovative chip designs
What changed· 2026-05-31
Groq has announced the availability of its second-generation tensor streaming processor, TSP-8024, which delivers up to 16 petaFLOPS of AI performance in a single chip.
Groq is a leader in AI hardware innovation, known for its Tensor Streaming Processor (TSP) technology. Founded by veterans from Google's TPU team, Groq aims to accelerate machine learning workloads with unprecedented efficiency and performance. The company has secured significant funding and partnerships, marking it as a key player in the AI semiconductor landscape.
TSP Chip
High-performance tensor streaming processor for AI workloads.
Paid
Tachyon AI Accelerator
Integrated solution for edge and data center deployments.
Paid
Groq prioritizes safety and reliability in its hardware design processes. They focus on creating secure, efficient chips that can handle complex AI tasks without compromising data integrity or system stability.
2017-10
Company Founded
Groq was founded by a team of Google TPU veterans.
2020-05
TSP Chip Launch
Groq introduced the Tensor Streaming Processor, setting new performance benchmarks.
2023-06
Series C Funding Round
Raised $150 million in Series C funding to accelerate product development and market expansion.
Quick facts
Founded
2017
HQ
Santa Clara, USA
Structure
Private
Valuation
$1B as of 2023
CEO
Jonathon Ross
Key Products
TSP chip, Tachyon AI accelerator
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