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Google Alum Raises $500M to Compete With Nvidia

AI chip startup MatX has raised more than $500 million in a new funding round to produce hardware that competes with Nvidia. CEO Reiner Pope discusses what the funding will be used for and how its AI chips are different from rivals with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video?…

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AI chip startup MatX has raised more than $500 million in a new funding round to produce hardware that competes with Nvidia. CEO Reiner Pope discusses what the funding will be used for and how its AI chips are different from rivals with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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1 Comment

  1. @claypool7897

    February 24, 2026 at 6:51 pm

    Isn’t this why Nvidia bought groq, so they can put out their own hybrid like this ?

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