Posted 2/20/2024, 6:21:19 PM
Recogni Raises $102M for AI Chips Amid Renewed Investor Interest
- Recogni, an AI chip startup, raised a $102M Series C round led by Celesta Capital and GreatPoint Ventures
- Recogni is developing chips for both generative AI and autonomous vehicles
- The chips are focused on efficient AI inference processing
- U.S. semiconductor funding has slowed in recent quarters despite need for new designs
- Recogni's large funding round could signal renewed investor interest in AI chip startups