Chip startup Retym raises $75 million to build chip that will AI connect data centers

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Chip startup Retym has raised $75 million this year as part of $180 million in total funding the company is using to pursue networking chips for artificial intelligence computing in data centers, the company said on Monday.

Retym makes chips that perform digital signal processing (DSP) that helps move information speedily between large data centers, a capability that has become increasingly important with the surge of interest in AI.

Creating the underlying AI models that power the likes of ChatGPT requires thousands of chips to be strung together…



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Chip startup Retym raises $75 million to build chip that will AI connect data centers


Chip startup Retym has raised $75 million this year as part of $180 million in total funding the company is using to pursue networking chips for artificial intelligence computing in data centers, the company said on Monday.

Retym makes chips that perform digital signal processing (DSP) that helps move information speedily between large data centers, a capability that has become increasingly important with the surge of interest in AI.

Creating the underlying AI models that power the likes of ChatGPT requires thousands of chips to be strung together…



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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