Components & Peripherals News
The 10 Hottest Semiconductor Startups Of 2023 (So Far)
These semiconductor startups could benefit from the hype around generative AI that has some companies looking at alternatives to GPU powerhouse Nvidia and better ways to architect systems. Some of these young companies are working on foundational or adjacent technologies that could improve the way AI work is computed in the future.
Founder, CEO: Uri Beitler
Pliops said its Extreme Data Processor “overcomes storage inefficiencies to massively accelerate performance and dramatically reduce overall infrastructure costs for data-hungry applications.”
The San Jose, Calif.-based startup announced last August that it had raised a $100 million Series D funding round. The company’s investors include SK Hynix, Intel Capital, Nvidia, AMD and Western Digital.
In January, Pliops unveiled the launch of its XDP Data Services platform, which it calls a “seamless-to-deploy, transformational approach to optimize data infrastructure and accelerate modern workloads, while in tandem reducing [total cost of ownership] by 50 percent.”
Pliops’ Extreme Data Processor, the foundation of the new platform, brings together “key data and storage technologies into one device” that multiplies their benefits, according to the startup. These benefits include 10 times greater performance, five times greater reliability, six times greater capacity and up to 80 percent lower total cost of ownership compared with traditional RAID products.