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

Summary by TechCrunch

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

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Semafor

Chip maker EnCharge raises $100M in Series B round, aims to slash AI energy usage

The NewsEnCharge AI, a startup developing a unique type of energy-efficient AI chip, has raised $100 million in Series B funding led by investment firm Tiger Global.EnCharge aims to tackle the ever-growing demand for energy required to keep artificial intelligence data centers running — which McKinsey projects will amount to nearly 12% of the US’ power demand by 2030, up from just 3.7% in 2023.The requirements are expected to continue increasing…

9 days ago·New York, United States

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TechCrunch

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

9 days ago·United States

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eeNews Europe

EnCharge AI raises $100m from Samsung, Foxconn

Analog in-memory compute startup EnCharge AI has raised $100m from some key industry investors to bring its accelerator chip and boards to market this year. The oversubscribed Series B round, led by Tiger Global, brings the total raised to $144m. New investors in the round include Samsung Ventures as well as HH-CTBC, a partnership between […] The post EnCharge AI raises $100m from Samsung, Foxconn appeared first on eeNews Europe.

EnCharge AI Closes Oversubscribed $100M Series B Funding Round Led by Tiger Global to Produce Transformative AI Accelerator Solutions with Unprecedented Efficiency for Client Computing

EnCharge AI, a startup developing first-of-its-kind analog in-memory-computing AI chips, today announced it has secured over $100 million in Series B funding. This latest oversubscribed round, which brings EnCharge AI’s total funding to more than $144 million, will advance the commercialization of its first client computing-focused AI accelerator products in 2025 and progress along EnCharge’s future product roadmap. Today, the vast majority of A…

9 days ago

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FinSMEs

EnCharge AI Raises $100M in Series B Funding

EnCharge AI, a Santa Clara, CA-based startup developing analog in-memory-computing AI chips, raised $100M in Series B funding. The round, which brought the total amount to $144M, was led by Tiger Global with participation from Maverick Silicon, Capital TEN, SIP Global Partners, Zero Infinity Partners, CTBC VC, Vanderbilt University, Morgan Creek Digital, Samsung Ventures and […] The post EnCharge AI Raises $100M in Series B Funding appeared firs…

9 days ago

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