AI chip power startup Powerlattice raises $86M, SEC filing shows
Washington-based chip startup Powerlattice has sold $86 million of equity toward a $111 million offering with 18 investors, an SEC Form D filing shows; investors and round are not named. Its power delivery chiplet sits inside the processor package and, the company says, cuts AI compute power needs by more than 50%. Former Intel CEO Pat Gelsinger is on its board; it had raised $31 million before.
Why it matters
Power and cooling are becoming the main limits on AI data center growth; a raise nearly triple its prior funding shows investors backing ways to cut accelerator power use at the chip-package level.
Sources2
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