This chip startup just raised $135M on a bet that AI’s biggest bottleneck isn’t compute — it’s memory
Xcena raised $135M to build memory-focused AI chips, targeting a growing bottleneck in model infrastructure costs.
Excerpt
South Korean chip startup Xcena is betting that AI's real bottleneck is not compute, but memory.
Read at source: https://techcrunch.com/2026/05/29/xcena-secures-135m-at-570m-valuation-betting-on-memory-as-ais-real-bottleneck/