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Top related persons:
Gavin Uberti - 2 Uberti - 1 we'll - 1 Peter Thiel - 1 Stanley Druckenmiller - 1 Kyle Vogt - 1 we've - 1 Robert Wachen - 1
Top related locs:
Cupertino , California PitchBook Silicon Valley Swiss Groq GroqWare WeWork
Top related orgs:
Nvidia - 2 Harvard - 2 Apple - 1 Venture Partners - 1 Cerebras Systems - 1 Semiconductors - 1 Taiwan Semiconductor Manufacturing Co - 1 Venture - 1

Search resuls for: "Gavin Uberti"


3 mentions found


☆ College dropouts raise $120 million to take on Nvidia's AI chips
  + stars: | 2024-06-25 | by ( Kif Leswing | ) www.cnbc.com   time to read: +3 min
A 2-year-old startup founded by Harvard dropouts has just raised $120 million in venture funding to try and build a competitive chip and take on Nvidia in artificial intelligence. Co-founder and CEO Gavin Uberti said that as AI develops, most of the technology's power-hungry computing requirements will be filled by customized, hard-wired chips called ASICs. "We're making the biggest bet in AI," Uberti said in an interview. Other chip startups taking on Nvidia include Cerebras Systems, which is building a physically larger AI chip, and Tenstorrent, which is using a trendy technology called RISC-V to build AI chips. Venture capitalists invested $6 billion in AI semiconductor companies in 2023, up slightly from $5.7 billion in 2022, according to data from PitchBook.
Persons: Gavin Uberti, Uberti, we'll, Peter Thiel, Stanley Druckenmiller, Kyle Vogt, we've, Robert Wachen Organizations: Nvidia, Harvard, Apple, Venture Partners, Cerebras Systems, Semiconductors, Taiwan Semiconductor Manufacturing Co, Venture Locations: Cupertino , California, PitchBook
☆ 'Going up against them is insane.' Brave startups are trying to usurp Nvidia's AI throne.
  + stars: | 2024-06-06 | by ( Alistair Barr | ) www.businessinsider.com   time to read: +9 min
You could have invested a lot of money in AI chip startups several years ago. "Us going up against them is insane," said Thomas Sohmers, CEO of Positron AI, a chip startup that emerged from stealth a few months ago. "The model of AI chip startups needing to raise 10s to 100s of millions of dollars before they actually test product market fit is insane," he added. TigrisOpenAI's Altman may also be working on an AI chip startup of his own. So it stands to reason that Masa has been trying to raise money for an AI chip startup.
Persons: —, Graphcore, Thomas Sohmers, Nvidia Thomas Sohmers, Sohmers, Groq, Googlers, Puneet Kumar, Mark Hayter, Rivos, Andrew de los Reyes, Gavin Uberti, Chris Zhu, Nvidia's, OpenAI's Sam Altman, OpenAI's Altman, Altman, Masa, Softbank, Son Organizations: Service, Microsoft, Samsung, Business, Nvidia, MediaNews, Boston Herald, Getty, MIT, Google, Chrome, Matrix Capital, Intel, Harvard, Bloomberg News, Bloomberg Locations: Silicon Valley, Swiss, Groq, GroqWare, WeWork
☆ Startup Etched Closes Seed Round, Promises More Cost-Effective AI Chip
  + stars: | 2023-05-16 | by ( Isabelle Bousquette | ) www.wsj.com   time to read: 1 min
Etched, founded by Harvard dropouts Gavin Uberti, left, and Chris Zhu, has attracted funding from Primary Venture Partners and other investors. Photo: EtchedEtched , a startup that has designed a more specialized, less power-intensive chip for running generative AI models, is expected to announce Tuesday that it raised $5.36 million in a seed round led by Primary Venture Partners. San Francisco-based Etched, founded by a pair of Harvard dropouts, hopes to bring its Sohu chip to market in the third quarter of 2024 and aims to sell to major cloud providers. The seed round valued Etched at $34 million.
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