Pro Weekly: AI Chip Startups Race to Finish Products

Our AI Chip Database includes 24 companies that hope to grab some of the riches flowing to market leader Nvidia. It’s an expensive task, and several have been busy raising money lately.

Groq and Etched, two companies designing chips to run large language models, raised $640 million and $120 million, respectively, over the past few months. I recently reported with my colleague Natasha Mascarenhas that d-Matrix, another company on our list, is looking to raise $250 million in a Series C.