MIT Spinout Vertical Semiconductor Raises $11M for AI Power Chip Innovation
What Happened
Vertical Semiconductor, a company founded by researchers from MIT, has announced the closing of an 11 million dollar Series A funding round. The startup is developing novel power chip technology designed to improve energy efficiency and performance for artificial intelligence hardware. Investors include multiple venture capital firms, reflecting robust support for advanced semiconductor solutions that can handle the increasing demands of AI applications. The newly raised capital will be used to accelerate research and bring its next-generation chips to commercial markets.
Why It Matters
The funding for Vertical Semiconductor underlines the critical role of semiconductors in enabling faster, more energy-efficient AI systems at scale. As the AI industry grows, powering its infrastructure sustainably becomes essential for future tech advancements and competitiveness. Read more in our AI News Hub