MatX raises $500m Series B to build chips for AI labs
The round, led by Jane Street and Situational Awareness, backs chips customized for frontier AI.
O
Oneonomy Admin
MatX, which designs chips tailored for AI labs, has raised a $500m Series B.
What's happening
The round was led by Jane Street and Situational Awareness.
MatX targets the specific demands of frontier-model training and inference.
Why it matters
Well-funded challengers are crowding into custom AI silicon.
Tags
StartupsMatXAI Chips