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

Core Insights - d-Matrix, a semiconductor company backed by Microsoft, raised $275 million in Series C funding, achieving a valuation of $2 billion, and claims its AI chips outperform traditional GPU-based systems [1][2] Funding and Valuation - The Series C funding round was co-led by Bullhound Capital, Triatomic Capital, and Singapore's Temasek sovereign wealth fund, bringing d-Matrix's total capital raised to $450 million since its founding in 2019 [2][6] - New investors in this round include Qatar Investment Authority and Singapore's Economic Development Board Investments, alongside existing backers like M12 and Nautilus Venture Partners [6] Performance Claims - d-Matrix asserts that its inference platform delivers tenfold better performance, triple the cost efficiency, and up to five times superior energy efficiency compared to GPU-based systems [3] Company Background - Founded by Sid Sheth and Sudeep Bhoja, d-Matrix was established with a focus on AI inference technology rather than training, anticipating future challenges in running trained models at scale [4][5] - The company has grown to a team of 250 employees across multiple countries, including the US, Canada, Australia, India, and Serbia [5] Market Context - The demand for AI inference is increasing, with efficiency and scalability becoming crucial for revenue capture and profitability in the AI sector [6]