Microsoft-Backed d-Matrix Raises $275M At $2B Valuation, Claims 10X Faster AI Performance Than Nvidia's GPU Systems

Microsoft-backed (NASDAQ:MSFT) semiconductor company d-Matrix on Nov. 12 announced it raised $275 million while claiming its artificial intelligence chips outperform graphics processing units-based systems, which are often built around Nvidia (NASDAQ:NVDA) hardware. d-Matrix secured Series C funding at a $2 billion valuation, with the round co-led by BullhoundCapital, Triatomic Capital, and Singapore’s Temasek sovereign wealth fund. Microsoft participates in the company's investor base through its M12 vent ...