Start-up Modular raises $250mn to challenge Nvidia’s software dominance
A team of Silicon Valley veterans who previously worked at Apple and Google has raised $250mn to challenge Nvidia’s dominance of the software tools used to programme artificial intelligence chips. Palo Alto-based Modular, which is building an alternative to Nvidia’s Cuda software that has been vital to keeping customers locked to the chipmaker’s AI products, announced it has received the new investment at a $1.6bn valuation
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MAX delivers industry leading performance on NVIDIA Blackwell 200s, NVIDIA’s current flagship datacenter GPU. Following our partnership with Inworld, where we delivered 2.5x throughput wins and 3.3x latency wins (time to first audio) for their state-of-the-art text-to-speech model,
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