New Delhi: Paytm, the popular merchant payments and other financial services platform in India, has recently declared strategic collaboration with Groq, the U.S.-based company that specialises in real-time AI inference implementation in its ecosystem. The partnership will result in Paytm being faster, smarter, and more efficient with the state-of-the-art technology of the Language Processing Unit (LPU) developed by Groq. The collaboration will help Paytm to promote more transaction processing, fraud detection, and customer interaction using fast and cost-effective AIs.

Paytm says that the implementation of GroqCloud with Groq custom-designed LPUs will offer high performance in contrast to the traditional systems based on GPUs. This will assist Paytm to scale its AI systems at a reduced c

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