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This week in AI: The generative AI boom drives demand for custom chips | TechCrunch

Sep 11, 2023 - techcrunch.com
AI chip startup D-Matrix has raised $110 million to commercialize its "first-of-its-kind" inference compute platform, which it claims can run AI models at a lower cost than GPU-based alternatives. This comes amid a growing awareness of the AI hardware shortage, with tech giants like Nvidia struggling to meet the demand for AI chips. Companies such as Microsoft, Amazon, and Meta are investing in developing in-house next-gen chips for AI inferencing, while others are turning to startups like D-Matrix.

In other AI news, AI research lab Imbue raised $200 million in a Series B funding round, eBay is rolling out an AI tool that can generate product listings from a single photo, and AI startup Anthropic launched its first consumer-facing premium subscription plan. OpenAI announced its first-ever developer conference, and Zoom is updating and rebranding several of its AI-powered features. Meanwhile, a new tool called Artisse allows users to generate AI photos of themselves, and an AI-driven high-speed drone beat human world champions in a drone race.

Key takeaways:

  • D-Matrix, an AI chip startup, has raised $110 million to commercialize its inference compute platform, which it claims can run AI models at a lower cost than GPU-based alternatives.
  • Microsoft, Amazon, and Meta are investing in developing in-house next-gen chips for AI inferencing due to the AI hardware shortage and high demand for AI chips.
  • Imbue, an AI research lab, has raised $200 million in a Series B funding round, and eBay is rolling out a new AI tool that can generate a product listing from a single photo.
  • An AI-driven high-speed drone has beaten human world champions at drone racing, and machine learning models are being used to quantify and map scent, analyze audio from wildlife, and detect heart disease.
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