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Inference chip startups raised $4.18 billion across 22 deals through Aug. 28, on track to surpass last year's $5.21 billion record. Median pre-money valuations soared to $1.77 billion in 2026 from $194 million in 2024. Agentic AI drives this capital influx for chips running AI models.
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Summary by ByteBrief
Inference Chip Startups Hit $4.2 Billion

Sources: Nuvacore, a six-month-old Sequoia-backed chip startup that's designing a new central processor for data centers, is raising funds at a ~$2.5B valuation (Reuters)

Indian Startups Raise $236 Mn in Tech Funding