Architect Labs raises $24 million to take on Broadcom, Marvell custom chip business - The Economic Times

Architect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the design of custom chips. This innovation aims to reduce the current two-year timeline and multi-million dollar costs associated with chip development. Architect Labs plans to assist both chip manufacturers and software firms in creating more efficient applications through custom hardware.

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