Groq, the company that you only just heard of, acquired another company called Definitive Intelligence, which will enable them to launch GroqCloud. Not only that, but Groq is the author of the press release! You know how corporate press releases are usually a bunch of excessively verbose blabbity-blah? Now you get an AI-generated press release that is even more excessively verbose than usual! (Actually I don't know if the press release is attributed to "Groq", a language model, or "Grok" the company. Maybe it was actually written by humans very skilled at verbose corporate-speak.)
Basically, the gist of it is that this company, Groq, invented a new chip design for AI models, and instead of selling you the chips, they will let you use the chips by uploading your code to their cloud servers.
Groq acquires Definitive intelligence to launch GroqCloud - Groq
