February 13, 2025:
EnCharge Secures $100M for AI Analog Chips - EnCharge AI, a spinout from Princeton University, has secured over $100 million in a Series B round led by Tiger Global to develop its analog memory chips. These chips, manufactured by TSMC, promise up to 20 times the energy efficiency of current options and are expected to be released this year.
Backed by investors such as Samsung Ventures, EnCharge is focusing on noise-resilient chip designs. This positions the company to compete with industry giants, aiming to make AI processing more efficient and cost-effective.
