AI Chip Startup MatX Raises $500 Million to Compete With Nvidia

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AI Chip Startup MatX Raises 0 Million to Compete With Nvidia

By Dina Bass
Publication Date: 2026-02-24 13:00:00

MatX, an AI chip startup founded by two alumni of Google’s semiconductor business, has raised more than $500 million in a new funding round to produce hardware that competes with Nvidia Corp.

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