Ricursive Intelligence Scores $400 Million Series A

<p><strong><span class&equals;"legendSpanClass">PALO ALTO <&sol;span><&sol;strong>&&num;8212&semi; Ricursive Intelligence&comma; a frontier AI lab founded by the co-creators of AlphaChip&comma; has scored a &dollar;300 million Series A funding round led by Lightspeed Venture Partners at a &dollar;4 billion post-money valuation&period; The round follows Ricursive&&num;8217&semi;s public launch less than two months earlier and includes participation from DST Global&comma; NVentures &lpar;NVIDIA&&num;8217&semi;s venture capital arm&rpar;&comma; Felicis Ventures&comma; 49 Palms Ventures&comma; Radical AI&comma; and Sequoia Capital&period;<&sol;p>&NewLine;<p>Ricursive Intelligence was founded by Dr&period; Anna Goldie and Dr&period; Azalia Mirhoseini&comma; whose work on AlphaChip was instrumental in establishing AI-driven chip design and has since been adopted across four generations of TPU and deployed by external semiconductor companies&period; Ricursive is building a next-generation platform that closes the recursive feedback loop between AI models and the chips that power them&comma; addressing what has become the primary bottleneck to AI progress&colon; the slow&comma; capital-intensive process of semiconductor design&period;<&sol;p>&NewLine;<p>The new funding will be used to scale Ricursive&&num;8217&semi;s world-class research and engineering team and significantly expand its compute infrastructure&comma; enabling faster iteration across the full semiconductor design stack&period;<&sol;p>&NewLine;<p>&&num;8220&semi;The pace of AI progress is dictated by hardware&comma;&&num;8221&semi; said Dr&period; Anna Goldie&comma; co-founder and CEO of Ricursive Intelligence&period; &&num;8220&semi;Ricursive&&num;8217&semi;s mission is to radically accelerate chip design&comma; and ultimately to use AI to design its own silicon substrate&period; This funding will allow us to grow our world-class team and build the infrastructure necessary to meet this challenge&period;&&num;8221&semi;<&sol;p>&NewLine;<p>&&num;8220&semi;To advance the state of the art in AI&comma; we must operate at the Pareto frontier of intelligence and computational efficiency&comma;&&num;8221&semi; said Dr&period; Azalia Mirhoseini&comma; co-founder and CTO of Ricursive Intelligence&period; &&num;8220&semi;Ricursive is building toward a future where rapid AI and hardware co-evolution becomes reality&comma; unlocking significant gains in performance and energy efficiency&period; Together with our exceptional team&comma; we are excited to drive this paradigm shift&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Ricursive&&num;8217&semi;s rapid follow-on financing reflects strong conviction from both AI and semiconductor industry leaders in the company&&num;8217&semi;s world-class team&comma; technical approach&comma; and long-term vision&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Ricursive is addressing what may be the most critical bottleneck facing the AI industry today&colon; the gap between AI advancement and semiconductor capability&comma;&&num;8221&semi; said Guru Chahal&comma; Partner at Lightspeed Venture Partners&period; &&num;8220&semi;Anna and Azalia pioneered a new approach to chip design with AlphaChip&period; At Ricursive&comma; they&&num;8217&semi;re building a full-stack platform that creates a continuous improvement cycle between AI models and the hardware that powers them&period; The caliber of the founding team&comma; the ambition of what they&&num;8217&semi;re building&comma; combined with the technical progress they&&num;8217&semi;ve already achieved&comma; made this a clear investment for us&period; We&&num;8217&semi;re thrilled to be partnering with Ricursive Intelligence&period;&&num;8221&semi;<&sol;p>&NewLine;

Editor

Meritech Capital Leads $80 Million Series B in Depthfirst

SAN FRANCISCO — depthfirst, an applied AI lab on a mission to secure the world’s…

2 days

Apple Launching New Platform for Businesses

Apple is introducing a free all-in-one platform later this month called Apple Business that includes…

2 days

Apple TV Wins Rights for Movie Liminal

Apple Original Films has landed rights to the movie “Liminal,” a new sci-fi thriller starring…

6 days

EPIC Microsystems Lands Oversubscribed $21 Million Series A

SAN JOSE -- EPIC Microsystems, a semiconductor company developing breakthrough power delivery solutions for AI infrastructure,…

6 days

Shepherd Rounds Up $32 Million Series B

SAN FRANCISCO -- Shepherd, an AI-native commercial insurance platform, has scored a $42 million Series B…

6 days

Deccan AI Reels in $25 Million to Build Super-Accurate AI

MOUNTAIN VIEW -- Deccan AI is focusing on AI with super accuracy, and has just…

6 days