Frost & Sullivan Recognizes Groq with Technology Innovation Leadership Award for Sophisticated Processor Architecture Technology

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Groq builds remarkably simple and powerful processors to support high-performance computing (HPC), machine learning (ML), and artificial intelligence (AI) workloads.

SAN ANTONIO, June 16, 2022 /PRNewswire/ — Based on its recent analysis of AI processors for the data center market, Frost and Sullivan recognize Groq with the 2022 North America Technology Innovation Leadership Award. Each year, Frost & Sullivan presents this award to the company that develops a product with innovative features and functionality that rapidly gains market popularity. The award recognizes the quality of the solution and the improvements in customer value it enables.

Groq is a disruptive fabless semiconductor company founded in 2016 that provides accelerators using the TSP architecture for HPC and AI applications. Groq provides an industry-leading Tensor Steaming Processor (TSP) architecture that enables developers to achieve optimal compute density, a simple deployment process, and highly predictable performance.

jonathan rossCEO and Founder of Groq, said, “The hard work of our talented teams, focused on solving increasingly complex machine learning needs, has driven Groq to innovate. We started knowing that software was limited by hardware, so we built a new processor architecture. to advance software for machine learning workloads. We are delighted to receive Frost & Sullivan’s Technology Innovation Leadership Award as proof of our accomplishments thus far. »

The company has an array of solutions that meet current market needs, including GroqChip™, its flagship product. GroqChip is one of the fastest neural network processors available on the market and was developed to reduce data movement, increase performance, facilitate HPC workloads, and accelerate AI and ML for developers and leading technology companies around the world.

“GroqChip is based on a deterministic instruction set architecture with a single large core, resulting in functional latency. For computer processing, determinism allows software to track tensors and understand the correctness of a program “, said Samantha Fisher, Best Practices Research Analyst at Frost & Sullivan. “Furthermore, GroqChip fits into data centers dedicated to managing AI workloads, where it can operate independently or in an integrated way to help accelerate the parts of a system that take advantage of TSP architecture. United States houses many major high-capacity data centers, followed by China and Europethereby providing a global opportunity for Groq to implement its technology and simultaneously position itself in the market.”

The company offers a faster and more complete system than its competitors, including an advanced technology stack consisting of GroqCard™ Accelerator, GroqNode™ Server, GroqRack™ Compute Cluster and GroqWare™ Suite. These innovative products position Groq as a leading provider of AI processors for the data center market, enabling customers to dramatically improve performance, accuracy and scalability.

“With nearly seven times the computational density per transistor, Frost & Sullivan recognizes how Groq’s approach leverages a unique combination of easy-to-program systems that enables speed of development and delivers low latency and massive throughput in a single compute core that scales almost linearly across multiple chips,” noted Sushrutha Sadashiva, industry analyst at Frost & Sullivan. predictable performance) and outperforms traditional tactics in critical areas, such as performance, power and accuracy.”

Groq’s customer, Argonne National Laboratory, experienced Groq’s performance first-hand. argon computer scientist Tom Brett said, “Using the Groq platform at Argonne, we were able to accelerate our efforts to identify promising COVID-19 drug candidates from large numbers of small molecules. The system’s AI capabilities allowed us to make many more inferences per second, reducing the time needed for each search from days to minutes.”

In addition to its growing customer portfolio, Groq continues to develop exceptional partnerships and highly differentiated products that will help it gain even greater market share. As a result, Groq is developing its business in a fairly favorable environment where its AI chip is attracting considerable interest from global technologists and venture capitalists.

The Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for outstanding achievement and superior performance in leadership, technology innovation, customer service and strategic product development. Industry analysts benchmark market players and measure performance through in-depth interviews, analysis, and in-depth secondary research to identify industry best practices.

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About Groq

Groq is an embedded systems accelerator company specializing in machine learning solutions that generate real-time results for AI and HPC workloads. The startup has developed the innovative, deterministic Tensor Streaming Processor architecture with a single core and a single compiler capable of accurately predicting the performance and computation time of workloads. The startup offers low latency, accuracy, and scalability to its customers. Groq lifted $367 million to date, with Series C funding co-led by D1 Capital and Tiger Global Management. For more information, visit groq.com.

SOURCE Frost & Sullivan

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