(Reuters) -AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia's software stranglehold on the AI computing market.
Modular aims to break Nvidia's dominance in AI chips with a new portable software stack. The startup's platform lets AI models run on different GPUs, not just Nvidia's. Modular CEO Chris Lattner ...
Modular's platform supports seven major chips, including Nvidia, AMD, and Apple CEO Lattner emphasizes enabling competition in AI chips Modular plans to expand into AI training market with new funding ...
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