d-Matrix Raises $275 Million for AI Inference Chips

Aug 25, 2026
d-Matrix raised $275 million in Series C funding at a $2 billion valuation, bringing its total funding to $450 million.

Santa Clara based d-Matrix has closed a $275 million Series C round at a $2 billion valuation, announced in a press release. The round brings the company's total funding to $450 million.

The round was led by a consortium including Bullhound Capital, Triatomic Capital, and Temasek. New participants included Qatar Investment Authority and EDBI, with continued participation from M12, Nautilus Venture Partners, Industry Ventures, and Mirae Asset.

d-Matrix said it will use the funding to advance its product roadmap, expand globally, and support deployments of its data center inference platform. Its products include Corsair inference accelerators, JetStream networking accelerators, and Aviator software.

The company says its platform can produce up to 30,000 tokens per second at 2 milliseconds per token on a Llama 70B model. It also says the system can run models with up to 100 billion parameters in a single rack.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)
Free newsletter

Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.