Verified Nov 2026
Electronics & Software
·
Palo Alto, California
·
Since 2016
Groq is an artificial intelligence company headquartered in Palo Alto, California, founded in 2016 and reported to employ between 200 and 500 people. It develops the Language Processing Unit (LPU), a custom AI inference chip, and operates the GroqCloud inference platform. The company serves developers and enterprises across finance, autonomous vehicles, industrial automation, cybersecurity, and scientific research. In August 2026, it reported closing a $350 million Series A round.
Groq at a glance
Revenue
$500M-1B
Est. band
Employees
200-500
Founded
2016
Headquarters
Palo Alto, California
Industries
Automotive
Electric Vehicles
Electronics
Appliance
Plumbing & Hardware
Renewable Energy
Overview
Groq is an artificial intelligence company headquartered in Palo Alto, California, founded in 2016 and reported to employ between 200 and 500 people. It develops the Language Processing Unit (LPU), a custom AI inference chip, and operates the GroqCloud inference platform. The company serves developers and enterprises across finance, autonomous vehicles, industrial automation, cybersecurity, and scientific research. In August 2026, it reported closing a $350 million Series A round.
At a glance
Attribute | Detail |
|---|---|
Founded | 2016 |
Headquarters | Palo Alto, California |
Employees | 200-500 |
Revenue | $500M-1B (estimated) |
Primary capability | Electronics & Software |
What Groq makes
Groq offers the GroqCloud managed inference service, which is compatible with the OpenAI API, along with GroqRack Appliances and GroqChip hardware for on-premises deployment.
Products and capabilities described on the company's own site include LED (source: groq.com).
Latest developments
2026-11-02 — AI chip startup Groq picks Design District for regional HQ - Dallas Business Journal (bizjournals.com)
2026-08-17 — Groq Closes $350 million Series A, Building the World's Leading AI Inference Cloud | Groq is the premier neocloud for fast inference (groq.com)
2026-06-22 — Groq Raises $650M to Scale Its AI Inference Cloud Business | Groq is the premier neocloud for fast inference (groq.com)
2025-12-24 — Groq and Nvidia Enter Non-Exclusive Inference Technology Licensing Agreement to Accelerate AI Inference at Global Scale | Groq is the premier neocloud for fast inference (groq.com)
2025-11-17 — Groq Expands to Asia-Pacific with Sydney Data Center to Power the Next Generation of AI Inference | Groq is the premier neocloud for fast inference (groq.com)
2025-10-20 — IBM and Groq Partner to Accelerate Enterprise AI Deployment with Speed and Scale (newswire.ca)
Company details
Groq is a privately held company, and its estimated annual revenue falls in the $500 million to $1 billion range. Groq was founded in 2016, has an estimated 200-500 employees, and is headquartered in Palo Alto, California.
Frequently asked questions
What does Groq make?
Groq is an artificial intelligence company headquartered in Palo Alto, California, founded in 2016 and reported to employ between 200 and 500 people. It develops the Language Processing Unit (LPU), a custom AI inference chip, and operates the GroqCloud inference platform. The company serves developers and enterprises across finance, autonomous vehicles, industrial automation, cybersecurity, and scientific research. In August 2026, it reported closing a $350 million Series A round.
Where is Groq headquartered?
Groq is headquartered in Palo Alto, California.
When was Groq founded?
Groq was founded in 2016.
How big is Groq?
Groq has an estimated 200-500 employees, with revenue in the $500M-1B range (estimated).
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Last verified Nov 2026. Is this your company? Request a correction.
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