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Fortune

Technology

Sharon Goldman

AI chips are getting too expensive—and too power-hungry. This startup just raised $50M to change that.

Normal Semiconductor

Faris Sbahi, CEO of Normal Computing. (Credit: Courtesy of Normal Computing)

Normal Computing has raised $50 million in a round led by Samsung Catalyst as the startup pursues a two-pronged bet on the future of AI hardware: using AI to help semiconductor companies design chips more efficiently, while also developing a new kind of processor aimed at reducing energy use.

New investors include Galvanize, Brevan Howard Macro Venture Fund, and ArcTern Ventures, alongside existing backers Celesta Capital, Drive Capital, Eric Schmidt’s First Spark Ventures, and Micron Ventures.

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