PowerLattice discloses $86m for AI power delivery chips
PowerLattice disclosed raising $86 million toward $111 million for power delivery chips it says cut AI processor energy use by more than half.
PowerLattice disclosed raising $86 million in a round aiming to reach $111 million, according to a regulatory filing spotted by Dealroom News.
The filing did not identify the 18 investors or the type of round, according to the report.
The company is headquartered in Vancouver, Washington, and says the power delivery chips it is developing cut the energy consumption of AI processors by more than half.
The company declined to comment, and the energy-saving claim has not been independently verified, according to the report.
What do these terms mean?
Power delivery chip: A small electronic chip that regulates the supply of electricity to the processor and helps reduce waste and heat.
SEC filing: A formal disclosure that companies submit to the US securities regulator, which may reveal the size of funding without investor details.
Independent verification: Review of a claim or figure by an outside party unconnected to the company before it is accepted as fact.
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