#ai-chip-design

#ai-chip-design

MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B led by Jane Street and Situational Awareness, an investment fund formed by former OpenAI researcher Leopold Aschenbrenner. The company's goal is to make its processors 10 times better at training LLMs and delivering results than Nvidia's GPUs.

Ricursive Intelligence, a startup building an AI system to design and automatically improve AI chips, has raised $300 million at a $4 billion valuation. The company said Monday the round was led by Lightspeed. Ricursive says the system will be able to create its own silicon substrate layer and speed up AI chip improvements. Rinse and repeat to get to AGI, the founders say.