Fabric, Startup Building 'VPU' Chips for Cryptography, Raises $33M
Briefly

The VPU is "the first custom silicon chip that uses an instruction set architecture specific to cryptography,” enhancing performance across diverse cryptographic algorithms.
Fabric plans to build computing chips, software, and cryptographic algorithms to address rising demands from AI and blockchain applications in the tech industry.
VPUs are expected to "drastically improve the speed and cost of running advanced cryptographic workloads,” positioning them as a game-changer for cryptography.
The funding aims at creating a verifiable processing unit tailored for cryptography, analogous to what GPUs achieved for AI, significantly influencing the industry's direction.
Read at Coindesk
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