AI Chip Startup Secures Over $500 Million to Challenge Nvidia

An AI chip startup, established by two former Google employees, has successfully raised over $500 million in a recent funding round. Bloomberg posted on X, highlighting the company's ambition to compete with industry leader Nvidia. The substantial investment underscores the growing interest and competition in the AI chip market, as companies strive to develop advanced technologies to meet increasing demand. This funding round marks a significant milestone for the startup, positioning it as a formidable contender in the sector.