Jason Lee is a seasoned investment executive with almost 30 years of experience in private equity, real estate, and asset management across Asia-Pacific and
Sim Leng is the General Counsel of Quda Capital Partners. She has over 20 years of experience spanning asset management, domestic and offshore retail and
Investing in the Infrastructure of the Intelligent Economy About QUDA QUDA Capital Partners is an independent private investment firm focused on scalable AI
FuriosaAI Inc. secures **$620 million** in funding to scale production of its energy-efficient AI inference chips, targeting data center power constraints. The startup’s **Tensor Contraction Processor (TCP)**, based on its **RNGD architecture**, uses a **three-dimensional matrix** for tensor computations, reducing power consumption by **less than half** compared to Nvidia’s GPUs while maintaining compatibility with frameworks like PyTorch. Major South Korean firms—**LG Group, Upstage, and Samsung**—already deploy its chips for AI models, live search summaries, and neural processing services. The funding will accelerate production, aiming for **20,000 units in 2026** and **40,000 in 2027**, while advancing a **third-gen processor** co-developed with Broadcom.