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Top related persons:
Ann Wang - 1 Nvidia’s - 1 Greg Reichow - 1 Dave Rick - 1 Rick - 1 Rivos - 1 Brendan Burke - 1 Tenstorrent - 1
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Apple - 2 REUTERS - 1 Nvidia - 1 Eclipse Ventures - 1 Devices - 1 Microsoft - 1 AMD - 1 Intel - 1

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2 mentions found


☆ Nvidia's dominance in AI chips deters funding for startups
  + stars: | 2023-09-11 | by ( Max A. Cherney | ) www.reuters.com   time to read: +5 min
U.S. chip startups have raised $881.4 million through the end of August, according to PitchBook data. Nvidia has "indirectly" contributed to overall AI chip fundraising woes, because investors want "Home run only type investments with a huge investment, huge return," Mythic CEO Dave Rick said. About two years ago, new investments in chip startups were often $200 million or $300 million. At least two AI chip startups have overcome investor reluctance by trumpeting potential customers or their relationships with well-known executives. While these chip makers in Nvidia's shadow struggle, startups in AI software and related technologies do not face the same constraints.
Persons: Ann Wang, Nvidia’s, Greg Reichow, Dave Rick, Rick, Rivos, Brendan Burke, Tenstorrent, Jim Keller, Max A, Kenneth Li, Cynthia Osterman Organizations: REUTERS, Nvidia, Eclipse Ventures, Apple, Devices, Microsoft, AMD, Intel, Thomson Locations: Taipei, Taiwan, Santa Clara , California, U.S, San Francisco
☆ Apple alumni have founded buzzy startups in climate, fintech, and AI worth over $180 billion. These are the 22 most promising in Europe.
  + stars: | 2023-06-15 | by ( Riddhi Kanetkar | Tasmin Lockwood | Ricki Lee | ) www.businessinsider.com   time to read: +3 min
Insider mapped out Europe's hottest startups launched by ex-Apple staffers, according to Dealroom data. Startups that have hired ex-Apple staffers, such as chip startups Rivos and Nuvia, have been accused by the tech giant of poaching ideas and copyright infringement. From 2010 to 2015, ex-Apple staffers had registered 163 startups which cinched funding. As the tech giant widens its global footprint, with new manufacturing bases and stores in India, its roster of alumni-turned-founders is also fast expanding across continents. Here are the 22 European startups led by ex-Apple staffers that experienced the most growth in the 12 months to May 2023, according to data from Dealroom.
Persons: Evgeny Bik, Bik, Jafferjee Organizations: Apple Locations: India, Dealroom, Europe
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