AMD veterans' Agrani Labs scouts for $100 million to build AI chip
Published on: May 15, 2026, 6 a.m. | Source: The Economic Times
Agrani Labs, founded by former Intel and AMD executives, is aiming for a significant $100 million Series A funding. This investment will support the development of AI inference chips designed to work with Nvidia's CUDA software. The company is in talks with Qualcomm and Battery Ventures for potential investment.
