Sparxity: $90 Million Total Funding To Advance Sparse-Native AI Computing And Semiconductor Technology
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Summary
Sparxity, a German semiconductor and AI infrastructure company developing sparse-native computing systems, has closed its Series A financing, bringing its cumulative funding to $90 million. The investment will support the development of specialized chips designed to improve the efficiency of AI inference by concentrating computing resources on the operations that are needed. The round was led by ICM HPQC Fund, with participation from Lockheed Martin Ventures, GlobalFoundries, GS Futures, Cloudberry Ventures, TGFS, and the European Innovation Council Fund. The post Sparxity: $90 Million Total Funding To Advance Sparse-Native AI Computing And Semiconductor Technology appeared first on Pulse 2.0 .
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