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983 D-Matrix Woos Investors as It Prepares to Unveil New Chip

The Information
Akash Pasricha @ The Information · 09/10/2024 19:44 EDT

Another artificial intelligence chip startup is trying to rally investors as it takes on Nvidia. D-Matrix, a Santa Clara, Calif.–based company designing an AI-focused chip to run large language models more cost effectively, wants to raise $250 million in a Series C funding round, according to two people with direct knowledge of the fundraising efforts. 

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