Paytm (One 97 Communications) announced a partnership with Groq, the U.S.-based leader in real-time AI inference, to bring fast, intelligent, and cost-efficient AI to its platform.
Under this collaboration, Paytm and its 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 Paytm's ongoing work in building high-performance AI models that enhance transaction processing, risk assessment, fraud detection, and customer engagement across its platform.
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