Architect Labs Raises $24M Seed Led by Kindred Ventures to Apply AI to Custom Chip Design, Backed by Google DeepMind's Jeff Dean and Executives From OpenAI and Nvidia
Summary
Palo Alto-based Architect Labs raised a $24 million seed round to build AI tools that automate custom chip design—a process that currently takes ~two years and costs hundreds of millions in labor and R&D. The round was led by Kindred Ventures with TQ Ventures, Race Capital, and Together Fund, plus angels including Google DeepMind Chief Scientist Jeff Dean and executives from OpenAI and Nvidia. Architect targets the same hyperscaler custom-ASIC market where Broadcom and Marvell generate tens of billions annually, positioning AI-accelerated design as the way to democratize access to custom silicon.
Originally reported by yahoo.com
Read the original article →Original headline: Architect Labs Raises $24M Seed Led by Kindred Ventures to Apply AI to Custom Chip Design, Backed by Google DeepMind's Jeff Dean and Executives From OpenAI and Nvidia