Nvidia challenger AI chip startup MatX raises $500 million | TechCrunch
MatX, a chip startup founded by two former Google hardware engineers, has raised a $500 million Series B round led by Jane Street and Situational Awareness, an investment fund created by former OpenAI researcher Leopold Aschenbrenner. The company aims for its processors to be 10 times better in LLM training and performance than Nvidia’s GPUs. … Read more