How Ricursive Intelligence raised $335M at a $4B valuation in 4 months [TechCrunch]
HSBC Holdings, plc. (HSBC)
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Source: TechCrunch
Anna Goldie, CEO, and Azalia Mirhoseini, CTO, are so well-known in the AI community that they were among those AI engineers who “got those weird emails from Zuckerberg making crazy offers to us,” Goldie told TechCrunch, chuckling. (They didn't take the offers.) The pair worked at Google Brain together and were early employees at Anthropic. They earned acclaim at Google by creating the Alpha Chip — an AI tool that could generate solid chip layouts in hours — a process that normally takes human designers a year or more. The tool helped design three generations of Google's Tensor Processing Units. That pedigree explains why, just four months after launching Ricursive, they last month announced a $300 million Series A round at a $4 billion valuation led by Lightspeed, just a couple of months after raising a $35 million seed round led by Sequoia. Ricursive is building AI tools that design chips, not the chips themselves. That makes them fundamentally different from nearly every othe
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