Modular Raises $250M to Challenge Nvidia’s AI Dominance
AI startup Modular has secured $250 million in fresh funding, lifting its valuation to $1.6 billion. Its software enables AI applications to run across different chip architectures without rewriting code — offering a ‘vendor-agnostic’ layer. Clients include Amazon, Oracle and AMD. The capital will help it expand into AI training and scale its team. Modular positions itself not to replace Nvidia, but to broaden hardware choice in AI infrastructure.
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26 days ago
Modular Raises $250M to Challenge Nvidia’s AI Dominance
AI startup Modular has secured $250 million in fresh funding, lifting its valuation to $1.6 billion. Its software enables AI applications to run across different chip architectures without rewriting code — offering a ‘vendor-agnostic’ layer. Clients include Amazon, Oracle and AMD. The capital will help it expand into AI training and scale its team. Modular positions itself not to replace Nvidia, but to broaden hardware choice in AI infrastructure.
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Modular Raises $250M to Challenge Nvidia’s AI Dominance
27 days ago
1 min read
69 words
Modular raises $250M for cross-chip AI software, aiming to reduce reliance on Nvidia.
AI startup Modular has secured $250 million in fresh funding, lifting its valuation to $1.6 billion. Its software enables AI applications to run across different chip architectures without rewriting code — offering a ‘vendor-agnostic’ layer. Clients include Amazon, Oracle and AMD. The capital will help it expand into AI training and scale its team. Modular positions itself not to replace Nvidia, but to broaden hardware choice in AI infrastructure.
AI startup Modular has secured $250 million in fresh funding, lifting its valuation to $1.6 billion. Its software enables AI applications to run across different chip architectures without rewriting code — offering a ‘vendor-agnostic’ layer. Clients include Amazon, Oracle and AMD. The capital will help it expand into AI training and scale its team. Modular positions itself not to replace Nvidia, but to broaden hardware choice in AI infrastructure.