MatX
COVINA, CA · Manufacturing · 110 employees
MatX designs hardware tailored for the world’s best AI models: We dedicate every transistor to maximizing performance for large models. For these models, we deliver 10× more computing power, enabling AI labs to make models an order of magnitude smarter and more useful. Our hardware would make it possible to train GPT-4 and run ChatGPT, but on the budget of a small startup.
Funding history
- Venture - Series Unknown — $527.9M — Mar 2026
- Series B — $500.0M — Feb 2026
- Venture - Series Unknown — $95.0M — Dec 2024
- Funding Round — $80.0M — Nov 2024
- Venture - Series Unknown — $24.9M — Dec 2023
Recent signals
- Mar 10, 2026: Raised $527.9M in Venture - Series Unknown
- Feb 24, 2026: Raised $500.0M in Series B
- Dec 06, 2024: Raised $95.0M in Venture - Series Unknown
- Nov 22, 2024: Raised $80.0M in Funding Round
- Dec 19, 2023: Raised $24.9M in Venture - Series Unknown
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