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Spark, Mayfield, and Kleiner Perkins pour another $75M into AI data center chipmaker Retym
Retym, a U.S. chipmaker with Israeli roots, has raised a fresh $75 million series D led by James Kuklinski of Spark Capital. Existing investors —
It’s working on a new “programmable coherent digital signal processing DSP” chip that allows the innards of data centers to communicate faster both internally and with external sources. Data centers needed this kind of tech anyway, but the sudden rise of AI has put overwhelming pressure on them to be faster, more efficient, and handle bigger workloads. Its CTO co-founder Roni El-Bahar published his first blog post on Monday, saying he founded the startup to bring competition to the DSP market that has historically been “controlled by a handful of large semiconductor companies.”
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