We have announced a partnership with Groq, the U.S.-based leader in real-time AI inference, to bring fast, intelligent, and cost-efficient AI to our platform.
Under this collaboration, we and our associate entities will deploy GroqCloud, powered by Groq’s purpose-built LPU, to achieve significantly faster, more cost-efficient and scalable AI inference compared to conventional GPU-based systems. This advancement will support our ongoing work in building high-performance AI models that enhance transaction processing, risk assessment, fraud detection, and customer engagement across our platform.
“We have been steadily advancing our AI capabilities to make payments faster, more reliable, and deeply intelligent. This collaboration with Groq strengthens our technology foundation by enabling real-time AI inference at scale. It marks another step in our journey to build India’s most advanced AI-driven payment and financial services platforms,” said Narendra Singh Yadav, Chief Business Officer – Paytm.
“Groq is proud to support Paytm in driving real-time AI innovation at national scale. Core to our mission is delivering broad compute capacity to serve the world’s biggest problems which AI will uniquely solve. Paytm’s ambition closely aligns with our own to make AI useful and accessible,” said Scott Albin, GM of APAC for Groq.
We have been deploying AI across areas such as risk modeling, fraud prevention, customer onboarding, and personalization. With Groq’s technology enhancing its infrastructure, we will be building a strong technological foundation for the next phase of intelligent and scalable data-driven growth across payments and financial services.
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