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AI chip startup d-Matrix raises $110 million in funding from Temasek, Microsoft, others

Economic Times · 1y

Silicon Valley-based AI chip startup d-Matrix secured $110 million in funding, with Microsoft among the investors. The Series B round, led by Temasek, supports d-Matrix's chip technology, designed for efficient generative AI applications. Differentiating from Nvidia, d-Matrix focuses on AI inference processing, aiming to deliver lower latency and reduced energy consumption. Microsoft plans to evaluate the chips for its use. d-Matrix anticipates generating $70-75 million in annual revenue within two years.