Extropic, a pioneer in physics-based computing, this week emerged from stealth mode and announced the release of its Litepaper, which outlines the company's revolutionary approach to AI acceleration through thermodynamic computing. Founded in 2022 by Guillaume Verdon, Extropic has been developing novel chips and algorithms that leverage the natural properties of out-of-equilibrium thermodynamic systems to perform probabilistic computations for generative AI applications in a highly efficient manner.

The company also recently closed a $14.1 million Seed funding round led by Kindred Ventures, with participation from notable investors such as Buckley Ventures, HOF Capital, Julian Capital, Marque VC, OSS Capital, Valor Equity Partners, Weekend Fund, and angel investors including Aidan Gomez (Cohere), Amjad Masad (Replit), Arash Ferdowsi (Dropbox), Balaji Srinivasan (Coinbase), Garry Tan (YC), Naval Ravikant, Scott Belsky (Adobe), and Tobias Lutke (Shopify).