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Mat X announced it raised $95 Million in an initial filing from an offering of $95 Million

Dec 06, 2024about 1 year ago

Amount Raised

$95 Million

CovinaManufacturing

Company Information

Company

MatX

Location

440 North Barranca Avenue #9860

Covina, California, United States

About

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.

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