MatX

MatX is an AI hardware startup based in Covina, California, founded in 2022. The company specializes in designing chips optimized for large language models (LLMs), focusing on high-throughput performance for both training and inference. MatX aims to deliver superior computing power compared to general-purpose GPUs, targeting AI research labs and startups. The team is led by experienced engineers from Google, including CEO Reiner Pope and CTO Mike Gunter. MatX's mission is to enhance the efficiency of AI models, making advanced AI applications more accessible. The company has raised $105 million in funding, including an $80 million Series A round. MatX develops high-throughput AI chips specifically for transformer-based LLMs, emphasizing performance-per-dollar and low latency. Their products are designed to support extensive training and production inference, enabling breakthroughs in AI capabilities. The first product version is anticipated by 2025, with a growing team already in place.