Definitive Intelligence, co-founded by Madra and Gavin Sherry, offers several GenAI products and had raised $25.5 million in venture capital prior to the acquisition. Groq, which emerged from stealth in 2016, is developing an LPU (Language Processing Unit) inference engine, claiming it can run large language models at 10x the speed. This acquisition of Definitive Intelligence is Groq's second after Maxeler Technologies in 2022, indicating its intent to establish a foothold in the competitive market for custom AI chips.
Key takeaways:
- Groq, a startup developing chips for GenAI models, is forming a new division, Groq Systems, to expand its customer and developer ecosystem and serve organizations including government agencies.
- Groq has acquired Definitive Intelligence, a Palo Alto-based firm offering business-oriented AI solutions. Definitive Intelligence CEO Sunny Madra is now leading GroqCloud, Groq’s cloud platform.
- Definitive Intelligence offers several business-oriented GenAI products including OpenAssistants, a collection of open source libraries for developing AI chatbots, and Advisor, a visualization generator that connects to both enterprise and public databases.
- Groq is creating an LPU (Language Processing Unit) inference engine, which it claims can run existing large language models at 10x the speed. This is Groq's second acquisition after Maxeler Technologies in 2022, indicating its intent to establish a foothold in the competitive market for custom AI chips.