positive
Recently
AI chip modularity startup Modular plans to scale after $250m raise
Modular raised $250m to scale modular AI accelerators, targeting energy-efficient alternatives to conventional GPUs for datacentres.
AI hardware startup Modular announced a $250 million funding round to accelerate development of modular AI accelerators designed to compete with incumbent GPU architectures. The company plans to expand R&D and manufacturing partnerships, aiming to offer more customizable and energy-efficient alternatives for datacentre operators. Investors highlighted the need for diversified compute architectures to meet varied AI workloads. Modular’s roadmap includes fabrication partnerships and pilot deployments with cloud providers in the coming 12 months.