EnCharge raises $100M+ to accelerate AI using analog chips

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EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. 

The funding is significant partly because interest in AI is at an all-time high, but the high price of building and operating AI services continues to be a red flag. EnCharge, spun out from Princeton University, believes its analog memory chips — envisioned to be embedded in devices such as laptops, desktops, handsets, and wearables — will not only…



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EnCharge raises $100M+ to accelerate AI using analog chips


EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. 

The funding is significant partly because interest in AI is at an all-time high, but the high price of building and operating AI services continues to be a red flag. EnCharge, spun out from Princeton University, believes its analog memory chips — envisioned to be embedded in devices such as laptops, desktops, handsets, and wearables — will not only…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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