Groq is a company that provides high-performance AI chips and cloud services, focusing on ultra-low latency inference for AI models. Since the launch of its product GroqCloud™ in February 2024, it has been utilized by over 467,000 developers. The AI chip technology of Groq is supported by Yann LeCun, Chief AI Scientist at Meta, and has secured $640 million in funding led by BlackRock, resulting in a company valuation of $2.8 billion. Groq's technological advantage lies in its seamless migration capability from other providers with just three lines of code modification, and it is compatible with OpenAI's endpoints. Groq's AI chips aim to challenge Nvidia's dominance in the AI chip market by offering faster and more efficient AI inference solutions for developers and businesses.