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MatX, a startup founded by former Google TPU engineers, has raised $500 million to compete with Nvidia in the AI chip market. The company aims to offer more efficient and cost-effective AI hardware solutions.
Meta has secured a multiyear $100 billion deal with AMD for AI chips, deepening its push to diversify beyond Nvidia and advance its 'personal superintelligence' ambitions.
Toronto startup Taalas is pioneering hardwired AI chips that can process 17,000 tokens per second, challenging the dominance of programmable GPUs in AI inference.