Groq API- All you need to know!

Groq, Inc. is an American artificial intelligence company that builds an AI accelerator application-specific integrated circuit that they call the Language Processing Unit and related hardware to accelerate the inference performance of AI workloads. AI models running on Groq run at 10x speed* compared to traditional GPU based workloads.

While LLMs excel at generating text, compound-beta takes the next step. It's an advanced AI system that is designed to solve problems by taking action and intelligently uses external tools - starting with web search and code execution - alongside the powerful Llama 4 models and Llama 3.3 70b model. This allows it access to real-time information and interaction with external environments, providing more accurate, up-to-date, and capable responses than an LLM alone.

Available Agentic Tools

There are two agentic tool systems available:

• compound-beta: supports multiple tool calls per request. This system is great for use cases that require multiple web searches or code executions per request.

• compound-beta-mini: supports a single tool call per request. This system is great for use cases that require a single web search or code execution per request. compound-beta-mini has an average of 3x lower latency than compound-beta.

Both systems support the following tools:

• Web Search via Tavily

• Code Execution via E2B (only Python is currently supported)

Rate limits are measured in:

RPM: Requests per minute

RPD: Requests per day

TPM: Tokens per minute

TPD: Tokens per day

ASH: Audio seconds per hour

ASD: Audio seconds per day

Rate limits apply at the organization level, not individual users. You can hit any limit type depending on which threshold you reach first.

Example: Let's say your RPM = 50 and your TPM = 200K. If you were to send 50 requests with only 100 tokens within a minute, you would reach your limit even though you did not send 200K tokens within those 50 requests.

This is my usage graph. I have made five apps with average 500 users and see the affordability of Groq. I bet everything else ChatGPT or Gemini are more expensive than Groq.