0 0 0 0 0 0 0 0
Sign Up Today X
Thanks for submitting the form.
Stockreport

AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of the low $300 million range, a person who reviewed the deal told TechCrunch. MatX was co-founded two years ago by Mike Gunter, who previously worked at Google on the design of Tensor Process Units (TPUs), the tech giant's AI chips, and Reiner Pope, who also came from Google's TPU team, where he wrote AI software. Gunter and Pope hope to help ease the shortage of chips designed to handle AI workloads. They say the sweet spot for their chips are AI workloads of “at least” 7 billion, and “ideally” 20 billion or more activated parameters. And they boast that their chips deliver high performance at more affordable prices, according to MatX's website . The startup says its chips are particularly good at scaling to large clusters because of MatX's advanced interconnect, aka the communication pathways that AI chips use to transfer information. The pa [Read more]
IMPACT SNAPSHOT EVENT TIME: GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
Don't Miss Out On The Next BIG Stock Move
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS
Opt-in for
GOOG alerts
from News Quantified
GOOG
NEWS
GOOG
Earnings
GOOG
Analyst Actions
GOOG
SEC Filings
Stockreport

AI chip startup MatX, founded by Google alums, raises Series A at $300M+ valuation, sources say [Yahoo! Finance]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Yahoo! Finance
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
Spark Capital led the investment, valuing the company at a pre-money valuation in the mid-$200 million range and a post-money valuation of the low $300 million range, a person who reviewed the deal told TechCrunch. MatX was co-founded two years ago by Mike Gunter, who previously worked at Google on the design of Tensor Process Units (TPUs), the tech giant's AI chips, and Reiner Pope, who also came from Google's TPU team, where he wrote AI software. Gunter and Pope hope to help ease the shortage of chips designed to handle AI workloads. They say the sweet spot for their chips are AI workloads of “at least” 7 billion, and “ideally” 20 billion or more activated parameters. And they boast that their chips deliver high performance at more affordable prices, according to MatX's website . The startup says its chips are particularly good at scaling to large clusters because of MatX's advanced interconnect, aka the communication pathways that AI chips use to transfer information. The pa [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS