D-Matrix’s new chip will optimize matrix calculations

Today, D-Matrix, a company focused on building accelerators for complex matrix math supporting machine learning, announced a $44 million series A round. Playground Global led the round with support from Microsoft’s M12 and SK Hynix. The three join existing investors Nautilus Venture Partners, Marvell Technology and Entrada Ventures.

The money will be used to bring Nighthawk, its chiplet-based architecture for faster complex matrix calculations, to markets like data centers. One major anticipated market is machines that need faster inference engines for deploying machine learning models. D-Matrix is also designing a follow-up to be called the Jayhawk.

Read the full article on VentureBeat

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