Ori, a startup founded by former Tesla engineers, is developing next-generation graphics processing units (GPUs) designed specifically for artificial intelligence (AI) applications. The company is in talks to raise funding to support its ambitious goal of challenging Nvidia’s dominance in the AI chip market by 2024. Ori’s GPUs are being engineered from the ground up for AI workloads, promising significant performance improvements over existing GPUs originally designed for gaming and graphics rendering. The startup aims to leverage its expertise in designing custom silicon to create highly efficient and powerful AI accelerators. Ori’s founders believe that their clean-slate approach will give them an edge over incumbents like Nvidia, which has had to adapt existing GPU architectures for AI tasks. With AI becoming increasingly important across industries, Ori sees a massive opportunity in providing specialized hardware optimized for AI computing. However, the company faces stiff competition from established players and will need substantial funding to bring its innovative GPUs to market.
Source: https://www.businessinsider.com/ori-gpu-ai-startup-talks-raise-funding-nvidia-2024-10