2023-09-06 14:33:21
Get a Free Speed Boost on Your Internet Connection: The One Surprising Trick Virgin Media Users Need to Try NowMicrosoft Invests in AI Chip Start-up d-Matrix
Microsoft is furthering its commitment to AI technology by investing in AI chip start-up d-Matrix. The US-based company recently closed a Series B funding round, raising $110m. The round was led by investment firm Temasek and included support from Microsoft's venture fund M12, which also participated in a previous funding round for d-Matrix.
Is your Wi-Fi speed being murdered? The common mistake all BT broadband users must check todayd-Matrix specializes in chips that are optimized to support generative AI systems. One of their most successful projects, ChatGPT, has received significant backing from Microsoft. These chips utilize "Digital In-Memory Compute" technology, enhancing the efficiency of AI systems. The scalability of d-Matrix's products allows businesses of all sizes and budgets to benefit from their AI capabilities.
A Disturbing Bug in a Popular Android App Has Led Google to Take Drastic Action: Check Your Phone Now!Sid Sheth, co-founder and CEO of d-Matrix, highlighted the rising costs associated with AI deployment and the need for more cost-effective solutions. He stated, "The team at d-Matrix is changing the cost economics of deploying AI inference with a compute solution purpose-built for LLMs [large language models]." The recent funding validates d-Matrix's position in the industry and will contribute to the development of their upcoming product, Corsair, a chiplet-based inference compute platform set to launch in 2024.
Phones LTD Offers Samsung S23 Ultra EE Deals with Complimentary Galaxy Watch5d-Matrix faces competition from Nvidia, a dominant player in the AI chip sector. Nvidia's specialized chips have gained significant demand worldwide, making the company the first chipmaker to reach a valuation of $1 trillion. However, d-Matrix aims to position itself as a frontrunner in efficient AI inference with its innovative chiplet architecture and memory-centric approach.
Discover the Samsung S23 Ultra EE Deals with Phones LTD: Don't Miss the Chance to Receive a Complimentary Galaxy Watch5!In a statement, M12 partner Michael Stewart praised d-Matrix's plan to achieve industry-leading total cost of ownership (TCO) through their flexible and resilient chiplet architecture. Stewart emphasized the importance of cost-effective model service scenarios in the AI industry.
The investment from Microsoft and other partners aligns with the growing demand for AI technology and its potential applications across various industries. With d-Matrix's focus on efficiency and scalability, the start-up is well-positioned to contribute to the advancement of AI capabilities.
Record Sales for Nvidia, As Demand for AI Chips Surges
A notable competitor in the AI chip market, Nvidia reported record sales of £13.51 billion in its second fiscal quarter, representing a 101% increase compared to the same period last year. The company's CEO, Jensen Huang, expects further growth, projecting revenue of £16 billion for the current quarter. Nvidia's success stems from the rising adoption of generative AI, highlighting the increasing importance of AI chips in various industries.
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