AI chip startup EnCharge nets $100m series B

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AI chip startup EnCharge nets $100m series B

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EnCharge AI, a company that develops analog chips for AI applications, has raised over US$100 million in its series B funding round.

The investment was led by Tiger Global, with contributions from Samsung Electronics’ venture capital arm and HH-CTBC, a venture formed by Foxconn and CTBC Venture Capital.

The startup specializes in in-memory analog chips designed for AI inference, which aim to provide energy-efficient data processing.

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