From TechCrunch
By Kyle Wiggers
December 5, 2023
Around a year ago, TechCrunch wrote about a little-known company developing AI-accelerating chips to face off against hardware from titans of industry — e.g. Nvidia, AMD, Microsoft, Meta, AWS and Intel. Its mission at the time sounded a little ambitious — and still does. But to its credit, the startup, EnCharge AI, is alive and […]
© 2023 TechCrunch. All rights reserved. For personal use only.
AI chip startup Tenstorrent lands $100M investment from Hyundai and Samsung
The appetite for hardware to train AI models is voracious. AI chips are forecast to account for up to 20% of the $450 billion total semiconductor market by 2025, according to McKinsey. And The Insight Partners projects that sales of AI chips will climb to $83.3 billion in 2027 from $5.7 billion in 2018, a […]
Aug 4, 2023
The first AI chip startup to go public in 2025 will be Blaize
The rise of NVIDIA has spurred renewed investor interest in AI chip startups. One of them, Blaize, founded by former Intel engineers, is set to go public on the NASDAQ in a SPAC deal on Tuesday, it announced on Monday. Launched in 2011, Blaize has raised $335 million from investors like Samsung and Mercedes-Benz. Headquartered in El Dorado Hills, California, it focuses on manufacturing AI chips for edge applications. Rather than being mostly used in vast data centers (like NVIDIA’s), its chips
Jan 13, 2025
Exclusive: Positron raises $230M Series B to take on Nvidia’s AI chips
The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.
Feb 4, 2026
Cognichip wants AI to design the chips that power AI, and just raised $60M to try
The firm says it can reduce the cost of chip development by more than 75% and cut the timeline by more than half.
Apr 1, 2026