"In September Mountain View-based Enfabrica raised $125 million to develop converged networking and memory fabric, with Nvidia joining the round as a strategic investor. In August Tenstorrent raised more than $100 million, co-led by Samsung Catalyst Fund and Hyundai Motor Group, to develop chips to power AI products and RISC-V technology. And in June Celestial AI raised more than $100 million to address the high-computing and memory demands brought on by AI. The round was led by IAG Capital Partners, Koch Disruptive Technologies and Temasek’s Xora Innovation fund. Samsung Catalyst and automaker Porsche also joined, among others."