Toronto chip startup Taalas raises $169M to build custom AI inference chips with hardwired designs, SRAM memory to challenge Nvidia; uses TSMC for 2-month fabrication vs 6 months for competitors.

Chip startup Taalas raises $169 million to help build AI chips to take on Nvidia

SAN FRANCISCO, Feb 19 (Reuters) - Toronto-based chip startup Taalas said on Thursday it had raised $169 million and has developed a chip capable of running artificial intelligence applications faster and more cheaply than conventional approaches.Taalas has raised a total of $219 million from investors such as Quiet Capital, Fidelity and Pierre Lamond, a chip industry venture capitalist.The Reuters Inside Track newsletter is your essential guide to the biggest events in global sport. Sign up her...