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Snowcap Compute raises $23 million for superconducting AI chips SAN FRANCISCO (Reuters) -Snowcap Compute, a startup working on building artificial intelligence computing chips using superconducting technology, on Monday raised $23 million and said that the
AI startup Snowcap raises $23M in funding to build . . . Snowcap Compute, an AI startup working on next-gen computing chips built with superconductors, just raised $23 million in funding—and scored a high-profile addition to its board: former Intel CEO Pat Gelsinger Cambium Capital and Vsquared Ventures also joined the funding round The California-based startup is building AI chips that run on superconducting technology, which allows
Former Intel CEO Gelsinger backing AI-focused Snowcap Compute Former Intel (NASDAQ:INTC) CEO Pat Gelsinger said on Monday that he is backing Snowcap Compute as part of a $23M seed round, with the company aimed at superconducting artificial intelligence
Snowcap Compute Launches with $23M to Build Commercial . . . Snowcap Compute has emerged from stealth with $23 million in seed funding to develop the first commercially viable superconducting compute platform Led by venture firm Playground Global, the round positions Snowcap to take on one of computing’s most foundational challenges: pushing past the limitations of CMOS-based systems in an era of increasingly demanding AI and quantum workloads
Snowcap Compute Launches with $23 Million Led by Playground . . . Snowcap Compute, a startup building the first commercially viable superconducting compute platform, today launched with $23 million in seed funding led by Playground Global Engineered for extreme performance and energy efficiency, Snowcap’s architecture enables a new class of data centers optimized for AI, quantum, and high-performance
Snowcap Compute Raises $23M in Funding - finsmes. com Snowcap Compute, a Palo Alto, CA-based startup building a commercially viable superconducting compute platform, raised $23M in Seed funding The round was led by Playground Global
Snowcap Secures $23M to Build AI Chips with Superconductors California-based startup Snowcap Compute has raised $23 million to develop AI chips using superconducting materials, betting on a dramatic leap in performance and energy efficiency The funding round, announced Monday, is led by Playground Global and joined by Cambium Capital and Vsquared Ventures