As artificial intelligence continues to revolutionize industries across the globe, the demand for specialized AI hardware has surged. The AI chip market, valued at $53.6 billion in 2023, is forecast to grow by over 30% to reach $71.3 billion in 2024.
In 2024, several AI chip startups in the United States stood out for their rapid growth, groundbreaking technologies, and substantial funding. These companies are poised to make a significant impact on the AI landscape, offering solutions that cater to a wide range of applications from edge computing to deep learning and robotics.Here are the fastest-growing AI chip startups to watch in the U.S.in 2024:
Groq
Founder & CEO: Jonathan Ross
Specialty: AI inference chips optimized for speed and executing commands of pre-trained
Fastest Growing AI Chip Startups to Watch in U.S 2024
- By Abhijeet Adhikari
- Published on
The AI chip market, valued at $53.6 billion in 2023, is forecast to grow by over 30% to reach $71.3 billion in 2024.
