Tsavorite secures more than $100 million in pre-orders for AI chips to scale workflows

Reuters

Nov 10

Tsavorite secures more than $100 million in pre-orders for AI chips to scale workflows

Nov 10 (Reuters) - AI startup Tsavorite Scalable Intelligence said on Monday it has secured more than $100 million in pre-orders from enterprises and cloud providers across United States, Asia and Europe to deploy its chips, which are used to scale AI workloads.

The company has seen strong demand for its Omni Processing Unit, a compute architecture which unifies central processing units, graphics processing units, memory and connectivity in one device, enabling it to be configured to meet diverse market and application requirements.

Tsavorite, founded by former Intel INTC.O and chip industry veterans in 2023, expects to deliver its chips and enterprise class AI appliances, which will be capable of supporting all agentic AI workflows, by next year.

The company is using Samsung's 005930.KS SF4X platform solution to fabricate the OPU.

Tsavorite declined to disclose its current valuation or the total amount of funding it has raised so far.

(Reporting by Harshita Mary Varghese in Bengaluru; Editing by Krishna Chandra Eluri)

((HarshitaMary.Varghese@thomsonreuters.com;))

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