
EnCharge AI closes oversubscribed $100m Series B funding round for development of analog in-memory chips
Hopes to bring its AI accelerators to market in 2025
Hopes to bring its AI accelerators to market in 2025
Deal could close as early as this month
The AI training processor will be fabricated using TSMC 3nm process
Deal saw company valued at $1.2bn
Codenamed Baltra, the chips are expected to be mass-produced by 2026
Advanced AI processors will be manufactured by TSMC
Company says its Foundry AI business has increased by 80 percent in the past year
Alongside Nvidia GPUs