Reported about 11 hours ago
Snowcap Compute has raised $23 million to develop AI computing chips using superconducting technology. The startup aims to create more efficient computers that could outpace current AI systems while consuming significantly less electricity. With a notable addition to its board, former Intel CEO Pat Gelsinger, Snowcap plans to address power consumption challenges faced by conventional chips, leveraging superconductors that operate with minimal electrical resistance.
Source: YAHOO