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AI Chip Startups Surge with Massive Funding Rounds, Challenging Nvidia's Dominance

Technology News

AI Chip Startups Surge with Massive Funding Rounds, Challenging Nvidia's Dominance

AI inference chip startup Nano-core Chip raises over RMB 1 billion in Series C2 funding

TechNode

AI inference chip startup Nano-core Chip raises over RMB 1 billion in Series C2 funding

Hangzhou-based AI inference chip developer Nano-core Chip has raised more than RMB 1 billion in Series C2 funding, the company announced on October 28. The round was led by JianTou Investment,...

FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips

TNW

FuriosaAI raises $620m at a $2.9bn valuation for its Nvidia rival chips

FuriosaAI, a Seoul-based maker of AI inference chips, has raised $620m in a Series D round. The round values it at about $2.9bn. South Korea’s National Growth Fund put in $280m, making it the...

Korean chipmaker FuriosaAI raises $620m at $2.9b valuation

Tech in Asia

Korean chipmaker FuriosaAI raises $620m at $2.9b valuation

FuriosaAI said RNGD outperformed Nvidia’s RTX Pro 6000 in its own efficiency benchmark.

FuriosaAI Quadruples Valuation to $2.9 Billion in Nvidia Chase

Bloomberg

FuriosaAI Quadruples Valuation to $2.9 Billion in Nvidia Chase

South Korean AI chip startup FuriosaAI quadrupled its valuation to $2.9 billion in a fresh funding round, bolstering its bid to challenge the likes of Nvidia Corp.

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