Rain AI (Series A extension)

Funding Details
Awarder
SemiNews
Date Award
May 26, 2024
Vertical
AI Hardware
Funding URL
View Funding Page

Company Info
Founders
William Passo
Company Description
Rain AI is an AI chip startup led by CEO William Passo, with a mission to build the world's most cost and energy-efficient hardware for AI. GPUs have powered the AI revolution with brute force, yet AI's demand for energy remains insatiable. Rain AI is addressing this core problem via its in-memory compute proprietary technology that will bring the AI technologies of tomorrow.
Location
Gainesville, FL, US
Coinvestors
Sam Altman

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