AI Chip Innovation Prize
Lam Capital launched a $250,000 prize for startups developing next-generation AI chips [https://globalventuring.com/corporate/information-technology/250000-prize-startups-ai-chip-breakthrough-lam-capital].
The "Lam Capital Prize in Artificial Intelligence Hardware" seeks to spur innovation in energy-efficient and high-performance AI chips. The goal is to foster new computing architectures and approaches. Lam Capital is the venture arm of Lam Research, a semiconductor equipment supplier. Their investment focus includes AI, advanced computing, and memory solutions. Startups have until June 1, 2024, to submit their proposals. The winner will be announced in late summer 2024.