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Nagare Labs Raises $5 Million to Develop Its AI Memory Design

Nagare Labs Raises $5 Million to Develop Its AI Memory Design

Photo: TokenPost

Nagare Labs emerged from stealth Oct. 26 with $5 million in funding led by Playground Global to develop a memory design for artificial intelligence (AI) chips. Former Intel CEO Pat Gelsinger, a Playground Global general partner, is listed as a director on Nagare’s board. The startup says its current work remains at the lab-prototype stage. Nagare’s proposed Z2RAM design uses oxide-semiconductor transistors to stack memory above an AI accelerator. The arrangement is intended to put more memory near the circuits that use it.

Source: TokenPost

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