PowerLattice raises $25 million in Series A funding; Pat Gelsinger notes, 'AI is not constrained by capital, it's constrained by power.'

PowerLattice has raised $25 million in a Series A funding round, raising its total funding to $31 million. The startup aims to reduce energy demands of AI computing with its innovative power delivery chiplet.GeekWire

Sources:
GeekWire
Trending Today
Tab background
Sources: GeekWire
PowerLattice's recent funding round underscores the growing demand for efficient AI technology. The $25 million raised in Series A comes as the company targets the energy challenges faced by AI computing.
Pat Gelsinger, former CEO of Intel, emphasized that 'AI is not constrained by capital, it's constrained by power,' indicating the critical need for innovation in energy solutions. The startup plans to leverage its proprietary power delivery chiplet to significantly reduce AI's energy consumption, which is a pressing concern in the industry today. Founded in 2023, PowerLattice aims to be at the forefront of this transformation, carving a niche in the rapidly evolving tech landscape.
With the new influx of investment, PowerLattice has now accumulated a total of $31 million in funding, positioning itself competitively as it seeks to address sustainability issues associated with AI operations.
Gelsinger's support further validates the potential impact of PowerLattice's approach in an era where energy efficiency is paramount for technological advancement.
Sources: GeekWire
PowerLattice has secured $25 million in Series A funding, raising its total funding to $31 million. The company, founded in 2023 and backed by Pat Gelsinger, intends to diminish AI computing's energy demands through its innovative power delivery chiplet. Gelsinger highlighted that 'AI is not constrained by capital.'
Section 1 background
Key Facts
  • PowerLattice has raised $25 million in a Series A round, bringing its total funding to $31 million.GeekWire
  • PowerLattice aims to reduce energy demands of AI computing with its power delivery chiplet.GeekWire
  • The company is backed by former Intel CEO Pat Gelsinger, who noted, 'AI is not constrained by capital, it's constrained by power.'GeekWire
PowerLattice has raised $25 million in a Series A round, bringing total funding to $31 million.
GeekWire
GeekWire
Article not found
CuriousCats.ai

Article

Source Citations