NOIDA: Paytm (One 97 Communications Ltd) has partnered with Groq, the U.S.-based real-time AI inference leader, to integrate GroqCloud, powered by Language Processing Unit (LPU) technology into its platform.
The partnership will enable faster, more scalable, and cost-efficient AI performance than traditional GPU-based systems, strengthening Paytm’s ability to deliver instant and intelligent payment experiences.
“This collaboration with Groq strengthens our technology foundation by enabling real-time AI inference at scale,” said Narendra Singh Yadav, Chief Business Officer, Paytm. “It marks another step in building India’s most advanced AI-driven payments and financial services platform.”
Scott Albin, APAC General Manager at Groq, said, “Groq is proud to support Paytm in driving real-time AI innovation at a national scale. Our missions align in making AI useful and accessible.”
Paytm said the integration will boost its AI-driven capabilities in transaction processing, risk modeling, fraud detection, and customer engagement, reinforcing its leadership in India’s digital payments ecosystem.
