AI Chip Startups Like MatX Storm Silicon Valley – Bloomberg

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Americas+1 212 318 2000
EMEA+44 20 7330 7500
Asia Pacific+65 6212 1000
The AI Race:
A new startup called MatX from former Google engineers reflects a renewed enthusiasm for chipmakers.
It’s taken about 25 years, but Silicon Valley finally feels like the old-school Silicon Valley again.
Nvidia Corp. has so totally dominated the market for the chips that power artificial intelligence software that other companies have decided they’re willing to pursue the often-disastrous exercise of designing their own semiconductors. History tells us that designing a chip from scratch takes years, costs hundreds of millions of dollars and usually ends without victory. Yet the promise of AI is simply so great that people have decided they must try.

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