MatX designs hardware tailored for the world's best AI models: We dedicate every transistor to maximizing performance for large models. For these models, we deliver 10× more computing power, enabling AI labs to make models an order of magnitude smarter and more useful. Our hardware would make it possible to train GPT-4 and run ChatGPT, but on the budget of a small startup.

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Funding Events

Date	Amount	Type	Investors	Valuation
03/02/26	$500,000,000	Series B	Jane Street Capital Situational Awareness	undisclosed