✉news TechnologySemiconductors first seen 2 d ago, last 1 d ago, peak #18
Reexen Technology raises $150 million for AI chips
Original: Reexen Technology raises $150 million for compute-in-memory AI chips
Reexen Technology has raised $150 million to develop its compute-in-memory AI chips, a chip architecture that processes data directly in memory to cut the power and speed bottlenecks of traditional designs. The funding positions the company among a wave of startups competing to supply specialised hardware for the booming artificial intelligence market, where demand for efficient chips keeps outstripping supply.
Why now: Investors and the semiconductor industry are closely tracking funding for new AI chip architectures amid surging demand for efficient AI hardware.
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