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Google Alum Raises $500M to Compete With Nvidia

February 28, 2026
in AI & Technology
Reading Time: 1 min read
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AI chip startup MatX has raised more than $500 million in a new funding round to produce hardware that competes with Nvidia. CEO Reiner Pope discusses what the funding will be used for and how its AI chips are different from rivals with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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