Top 10 Startups developing AI Hardware in USA

Updated: May 14, 2024

1
Funding: $1.1B
SambaNova Systems is a computing startup focused on building machine learning and big data analytics platforms.
2
Funding: $720M
Cerebras is a computer systems company dedicated to accelerating deep learning. The pioneering Wafer-Scale Engine (WSE) – the largest chip ever built – is at the heart of our deep learning system, the Cerebras CS-1.
3
Funding: $422M
Lightmatter is building the engines that will power discoveries, drive progress, and reduce our impact on the planet.
4
Funding: $362.6M
Groq radically simplifies compute to accelerate workloads in artificial intelligence, machine learning, and high-performance computing.
5
Funding: $338.9M
Celestial AI develops optical interconnect technology for compute-to-compute, compute-to-memory and on-chip data transmission.
6
Funding: $330M
SiMa.ai is building an ultra low-power software and chip solution for machine learning at the edge.
7
Funding: $293M
Nuvia is a silicon design company that designs processors for data centers.
8
Funding: $235.1M
Enfabrica develops networking hardware to drive AI workloads
9
Funding: $212M
Kneron develops an application-specific integrated circuit and software that offers artificial intelligence-based tools.
10
Funding: $203.3M
Wave Computing is developing the Wave Dataflow Processing Unit (DPU), employing a disruptive, massively parallel dataflow architecture. When introduced, Wave’s DPU-based solution will be the world's fastest and most energy efficient deep learning computer family.
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11
Funding: $164.7M
Mythic goes beyond conventional digital architectures, memory, and calculation elements – rethinking everything from the ground up: from transistors and physics, through circuits and systems, up to software and AI algorithms.
12
Funding: $126M
EdgeQ intends to fuse AI compute and 5G within a single chip. The company is pioneering converged connectivity and AI that is fully software-customizable and programmable.
13
Funding: $124M
Esperanto Technologies is a company develops high-performance, energy-efficient computing solutions encouraging your innovation in artificial intelligence via flexible RISC-V open instruction set architecture (ISA) designs.
14
Funding: $115M
Luminous develops supercomputer for AI on a single chip that will replace 3000 TPU boards.
15
Funding: $86.5M
Movidius is a fabless semiconductor company and the leader in mobile vision processor technology for connected devices.
16
Funding: $67.4M
Flex Logix Technologies is a semiconductor startup designing reconfigurable AI accelerator chips.
17
Funding: $54M
Built around a patented Polymorphic Dataflow Architecture, supported by a comprehensive SDK, Kinara Ara Edge AI processors accelerate and optimize real-time decision making for unrivaled edge AI solutions. Our Ara AI accelerators power smart edge devices and gateways that demand responsive AI computing with optimal energy efficiency.
18
Funding: $48M
Axiado Corporation is a security processor company redefining hardware root of trust with hardware-based security technologies, including per-system AI.
19
Funding: $44.3M
EnCharge AI delivers a battle-tested computing platform to unlock the best AI computing, from the edge to the cloud.
20
Funding: $44.3M
EnCharge AI delivers a battle-tested computing platform to unlock the best AI computing, from the edge to the cloud.
21
Funding: $32.1M
Rain Neuromorphics builds artificial intelligence processors, inspired by the brain.
22
Funding: $27.8M
Leading provider of software and hardware accelerated solutions for Advanced Artificial Intelligence and Machine Learning applications.
23
Funding: $25.3M
Moffett AI is building the world’s next generation AI computation platform, from ground up.
24
Funding: $10M
Ambient Scientific is a leading developer of industry’s lowest power programmable AI processors designed to address the explosive demand for Inference and Training in endpoint, edge and Battery-operated AI devices giving both connected and unconnected devices and appliances their own personalities. Ambient’s AI processor and microcontroller products and software libraries are designed to bring a plethora of exciting new innovative products to the market quickly.
25
Funding: $6M
Adapteva is a fabless semiconductor company focusing on low power multi-core microprocessor designs.
26

Boulder AI helps companies use computer vision and artificial intelligence to solve problems. With experience in AI software development, AI hardware design and manufacturing, and AI vision systems design and implementation, we provide technical know-how and services to businesses that want to “see.”