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The 10 Biggest Nvidia News Stories Of 2021 (So Far)

It’s only halfway through 2021, and it’s already been a blockbuster year for Nvidia, which is increasingly becoming a bigger player in the world of computing with new enterprise software, programs and GPUs as well as data processing units and eventually CPUs.

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10. AI Chip Startups Raise Hundreds Of Millions To Challenge Nvidia

Several AI chip startups have raised hundreds of millions of dollars this year so far to challenge Nvidia in the fast-growing market.

Among the AI chip startups that have raised money is SambaNova Systems, raised a $676 million funding round led by SoftBank Group that also included the venture arms of Google and Intel. The startup is using the funding to grow market share against Nvidia and other competitors with its subscription-based Dataflow-as-a-Service AI platform, which relies on SambaNova’s RDU-based DataScale system to deliver what it says are “unmatched capabilities and efficiency” for AI.

Other AI chip startups with new funding rounds in 2021 include Groq, which announced a $300 million round in April for its Tensor Streaming Processors; Lightmatter, which announced an $80 million round from Hewlett Packard Enterprise, Google’s venture arm and other investors for its silicon photonics chip technology; and SiMa.ai, which raised $80 million in funding from Dell Technologies Capital and other investors for its Machine Learning System-on-Chip.

 
 
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