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91 startups raise $2.6 billion, with big rounds for AI chips. By Jesse Allen. AI drew more investors to the chip industry in Q2. Four AI-focused chip startups receiving rounds of more than $100 million, targeting data center ASICs for transformers, highly flexible platforms for the embedded edge, dataflow processors, and mixed-signal neuromorphic chips. In-memory computing also helped boost AI, with three companies either incorporating it into their chips or providing specialized IP. Ways to connect chiplets, chips, and server racks was another area of activity, with Germany pumping more than $200 million into a graphene-based co-integrated optics system for massively parallel connectivity. Other optical interconnect approaches drew attention, as well, along with a way to make ultra-high density interconnects using liquid metal ink. https://lnkd.in/g2eY6g53 #semiconductor #AIhardware #startups #startupfunding #venturecapital TXOne Networks Black Semiconductor PsiQuantum Rivos Inc. Bright Machines Hailo Etched Blaize DEEPX Frore Systems SiMa.ai Axelera AI Prewave MetisX actnano PQShield Expedera Inc. Rain AI Innatera RaiderChip Liquid Instruments AlixLabs Prewave Thintronics® actnano Synthara AG ZeroPoint Technologies RAAAM™ Memory Technologies MetisX Flow Computing Morphing Machines Niobium Microsystems AMAG nanometro Atom Computing

SandboxAQ: The Quantum AI Startup Making Waves SandboxAQ, an Alphabet spinoff, is seeking to raise funds at a staggering $5 billion+ valuation. This startup is revolutionising industries by combining the power of AI and quantum physics. Key highlights: - SandboxAQ previously raised $500 million from notable investors like Eric Schmidt, Marc Benioff, and Jim Breyer - The startup has three main business units:   1. AI-powered simulation software for drug discovery and material science  2. Quantum-resistant cybersecurity solutions  3. AI-enhanced quantum sensors for navigation without GPS - SandboxAQ's AI is trained on numerical data, unlike chatbots like ChatGPT which use words - Partnered with Nvidia to optimise its simulation software for powerful AI chips - Working with the US Air Force on quantum sensor-based navigation SandboxAQ is positioning itself at the forefront of the quantum AI revolution. With backing from tech luminaries and a focus on high-impact applications, this startup is poised to transform industries from healthcare to defence. Keep an eye on SandboxAQ as it pushes the boundaries of what's possible with AI and quantum technologies. 🔭💡 #QuantumAI #StartupFunding #InnovationLeaders

Exciting update for the tech and AI community! Lightmatter, a Boston-based startup using light to amplify the interconnectivity of chips powering deep learning in artificial intelligence, today raised $400 million in its Series D financing round. T. Rowe Price, a new investor in the round, brings the company's valuation to $4.4 billion, more than four times its valuation of $1.2 billion in December. Prior investors GV and Fidelity Management and Research Co. also participated in this round. As significant tech players are investing heavily in AI data centers, Lightmatter brings an answer to the energy consumption and scalability issues that have been plaguing these facilities. Firm relies on silicon photonics technology to accelerate processes, making it one of the promising solutions for future computing. Though the use of light in computing is not a new concept, the problem of devising effective photonic components had been seen as historically challenging. This is its largest round to date with $400 million, although it is by no means its first significant raise. The company raised $154 million in May 2023 and followed that up in December. Founded in 2017, Lightmatter has now attracted a total of $850 million. Co-founder and CEO Nick Harris said that this Series D could be the company's final round of private funding. Lightmatter isn't the sole photonic startup that had many in the investment world taking notice this week. Another company leveraging photonics to enhance AI data center efficiency, Xscape Photonics of New York, also did a massive raise. This startup raised $44 million in a Series A round led by IAG Capital Partners but other notable players also invested in this round that includes Cisco Investments and Nvidia. As growing demands for an AI datacenter keep arising, Xscape Photonics aims to tackle similar energy performance, and scaling challenges arising from these demands. https://lnkd.in/fzpnPPW #photonics #ai #energyefficiency #techinnovation #emergingtech #startupfunding #venturecapital #energysustainability #aiinnovation #techindustry #businessnews #investintech #techupdates #technews #innovation #deeplearning #startup #funding Lightmatter

🚀💡 Exciting news in the world of AI and chip manufacturing! 💥💼 Masayoshi Son, founder of SoftBank Group, is gearing up for his next big venture: a $100 billion chip project codenamed Izanagi. 🌟💰 With plans to compete with industry giants like Nvidia, Son aims to supply semiconductors for AI technology. This ambitious project, signals a shift for SoftBank towards semiconductor manufacturing, complementing their chip design unit Arm Holdings Plc. 🛠️💻 Imagine the potential impact on the AI industry if this venture comes to fruition! With the financial backing of institutions in the Middle East, coupled with the existing infrastructure and expertise of Arm Holdings Plc in chip design, this venture poses formidable competition for the market. We can expect Nvidia and other industry leaders to push the boundaries of innovation even further. 🔥🚀 What are your thoughts on this massive investment in AI chip technology? How do you see it shaping the future of tech? Let's discuss! 💬🔍 #TechNews #AI #Innovation #FutureofTech #ArtificialIntelligence #MachineLearning #DeepLearning #Tech #Technology #Innovation #DataScience #DataAnalytics #BigData #CloudComputing #InternetOfThings #IoT #DigitalTransformation #Robotics #Automation #Cybersecurity #Blockchain #AugmentedReality #AR #VirtualReality #VR #QuantumComputing #SmartCities #Startup #Entrepreneurship #DigitalMarketing #Coding #Programming #SoftwareDevelopment #IT #STEM #Science #Engineering #Research #TechNews #FutureOfWork #DataPrivacy #EthicalAI #AIethics #Cybersecurity #DigitalEconomy #Business #Industry40 #EmergingTech #MachineVision #NaturalLanguageProcessing #NLP #ComputerVision #NeuralNetworks #Bioinformatics #HealthTech #FinTech #EdTech #AutonomousVehicles #SmartTech #Sustainability #GreenTech #RenewableEnergy #ClimateTech #SpaceTech #TechTrends #InnovativeSolutions #AIResearch #TechLeadership #ThoughtLeadership 🌐✨

Nearly two years ago, the semiconductor industry gained significant attention due to the transformative potential of generative AI and the powerful chips driving it. Nvidia has been the main beneficiary, but several startups are challenging its dominance or exploring other disruptive opportunities. Despite high risks and costs, semiconductor startups could benefit from an expected 20 percent industry growth this year, driven by strong AI chip demand. This creates opportunities for AI chip startups like Kneron, Cerebras Systems, and Hailo to capture some of this projected growth. Kneron CEO 劉峻誠Albert Liu mentioned that the latest low-power KL-830 NPU significantly improves Edge AI performance. #ai #generativeai #npu #lowpower

Fractile, a UK startup taking a radically different approach to AI chip design, has received £5 million in funding from the Advanced Research + Invention Agency (ARIA). Founded in 2022 by AI PhD, Walter Goodwin, Fractile has already built a world-class team with senior hires from NVIDIA, Arm and Imagination. In July, the company raised $15m led by Kindred Capital VC, NATO Innovation Fund (NIF) and OSE and including ‘angel’ contributions from Cambridge entrepreneurs Stan Boland and Hermann Hauser. Fractile is one of 12 projects to which ARIA is awarding nearly £50m through its Scaling Compute programme, which aims to increase and open up new vectors of progress in the field of computing by reducing the cost of AI hardware. Becoming an ARIA R & D Creator is a significant milestone for the Fractile team, as the UK startup continues its journey to build the chips and systems needed to reach the next frontier of AI performance. ARIA was created by an Act of Parliament and is sponsored by the Department for Science, Innovation and Technology - funding projects across the full spectrum of R & D disciplines, approaches, and institutions looking at how technology can enable a better future and that can prove critical for the UK in the long-term. Full article – https://lnkd.in/eyXnn9Pk

𝗖𝗥𝗡 𝗲𝗱𝗶𝘁𝗼𝗿 𝗗𝘆𝗹𝗮𝗻 𝗠𝗮𝗿𝘁𝗶𝗻 𝗻𝗮𝗺𝗲𝘀 "𝗧𝗵𝗲 𝗧𝗲𝗻 𝗛𝗼𝘁𝘁𝗲𝘀𝘁 𝗦𝗲𝗺𝗶𝗰𝗼𝗻𝗱𝘂𝗰𝘁𝗼𝗿 𝗦𝘁𝗮𝗿𝘁-𝗨𝗽𝘀 𝗼𝗳 𝟮𝟬𝟮𝟰." Faraday Americas congratulates these emerging companies for offering technologies that aim to challenge NVIDIA and build a faster and more efficient AI infrastructure. The ten start-ups fit into two categories. • One group focuses on enhancing AI computing performance and efficiency at the edge and in data centers. • At the same time, the other is dedicated to issues like building better interconnects and removing memory bandwidth bottlenecks. 𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲 𝗮𝘁 𝗵𝘁𝘁𝗽𝘀://𝗹𝗻𝗸𝗱.𝗶𝗻/𝗴𝘅𝗲𝗔𝟴𝘃𝟯𝗯 #ai #start-ups #aicompute #aiinference #interconnect #tophotteststartups #crn #nvidia

Northern Data Group chooses five future tech entrepreneurs for its first AI Accelerator: *Copernilabs, Grounded AI, Tecology, Theraimmune and Voxist will be mentored by industry leaders Northern Data Group, Hewlett Packard Enterprise (HPE), and NVIDIA *Applications received from innovative startups spanning 21 countries, five continents and 15 industry sectors, including healthtech, ESG, and cybersecurity *AI Accelerator offers startups complimentary access to NVIDIA H100 Tensor Core GPUs used to […] The post Northern Data Group chooses five future tech entrepreneurs for its first AI Accelerator first appeared on Asia News Today. #Featured #SpecialReports

AI Chip Startup Tenstorrent Signs US$50 Million Deal to Train 200 Japanese Engineers Silicon Valley-based AI chip startup, Tenstorrent, is taking a significant step forward in its global expansion strategy by signing a US$50 million agreement to train 200 engineers in Japan. This partnership aims to develop a new generation of talent in artificial intelligence (AI) hardware and chip design, a critical area of expertise as the world moves towards more sophisticated AI systems. Read More :- https://lnkd.in/g4QNC3vW #Tenstorrent #AIChips #ChipDevelopment #ArtificialIntelligence #TechInnovation #GlobalExpansion #TrainingEngineers #AIHardware #SiliconValley #TechPartnership #JapanTech #MachineLearning #AIWorkforce #FutureOfAI #AIRevolution #TechEducation #SemiconductorIndustry #JapanAI #JimKeller #AIProcessors #TechGrowth #AIChipMarket #TechTalent #GlobalTech #AIIndustry #DeepLearning #NextGenTechnology #AIResearch