By Max A. Cherney (Reuters) - Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include ...
STORY CONTINUES BELOW THESE SALTWIRE VIDEOS - Silicon Valley-based artificial intelligence chip startup d-Matrix has raised $110 million from investors that include Microsoft Corp at a time when many chip companies are struggling to raise cash.
The Series B funding round was led by the Singapore-based Temasek, and included the Palo Alto, California venture firm Playground Global and Microsoft. The Santa Clara company started its fundraising process roughly a year ago, Sheth said. The company did not disclose the valuation, and it has previously raised $44 million.
D-Matrix sets itself apart from Nvidia, in part, because its technology aims at the"inference" portion of AI processing, and does not compete with Nvidia by making technology that trains large AI models.
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