Mat X announced it raised $95 Million in an initial filing from an offering of $95 Million
12/06/24, 5:05 PM
Location
Money raised
$95 million
Industry
manufacturing
Company Info
Location
440 north barranca avenue #9860
covina, california, united states
Additional Info
MatX designs hardware tailored for the world’s best AI models: We dedicate every transistor to maximizing performance for large models. For these models, we deliver 10× more computing power, enabling AI labs to make models an order of magnitude smarter and more useful. Our hardware would make it possible to train GPT-4 and run ChatGPT, but on the budget of a small startup.