Efficient Computer

Jinfu Technology has raised $44 million in new funding that it will use to expand its liquid-cooling business. The company supplies cooling technology increasingly needed for data centres and high-performance computing, where rising energy demands are driving demand for more efficient thermal management. The investment signals continued investor interest in infrastructure supporting AI-driven computing growth.

Seoul National University Holdings has made a seed investment in AI startup Bystrata, whose technology aims to reduce dependency on GPUs for artificial intelligence workloads. The move reflects growing interest among university-affiliated investors in efficiency-focused AI infrastructure as hardware costs and chip shortages weigh on the sector.

Efficient Computer, a startup developing low-energy chips, has closed $97 million in funding. The Pittsburgh-based company is working on processor technology designed to dramatically cut power consumption, and the fresh capital will support its efforts to bring energy-efficient computing to market.

A developer known as lostmsu has released TurboGPT, an open-source project on GitHub that trains a compact 22KiB transformer model in roughly 13 seconds. The tool is drawing attention from machine learning enthusiasts interested in fast, lightweight training experiments that can run without large compute budgets.

Chip startup Efficient Computer has raised $97 million in funding at a $650 million valuation, according to Reuters. The Pittsburgh-based company is developing energy-efficient general-purpose processors aimed at dramatically lowering power consumption in computing. The funding round underscores continued investor interest in semiconductor startups as demand grows for more efficient chips to power data centers and AI workloads.

10x Genomics has announced Sentira, a new computational platform designed to turn complex biological data into experimental conclusions. The company positions the tool as a way to help researchers interpret large-scale single-cell and spatial datasets more efficiently. Sentira is aimed at scientists working in genomics who need faster, more actionable analysis of intricate biological data.

Chip startup Efficient Computer has raised $100 million in funding at a $650 million valuation. The deal underscores continued investor appetite for semiconductor companies, particularly those working on energy-efficient processor designs as demand for computing power grows. The funding is likely to fuel the company's engineering work and push its chip technology toward commercial deployment.