Start-up Tensordyne has secured letters of intent worth more than 200 million dollars for its semiconductors. Fifteen data center operators are interested in the chips, which are said to consume far less energy than Nvidia products.
Tensordyne based in Munich has completed the chip design. Contract manufacturer TSMC is set to start production. Delivery of the semiconductors is scheduled for the end of October.
Co-founder Gilles Backhus told Handelsblatt the company aims to displace the market leader with power-saving chips. Tensordyne’s system is said to be more than ten times faster than common Nvidia solutions and requires less space.
The start-up has not yet produced a single chip. It focuses on AI inference chips for data centers after shifting its strategy from the automotive sector.
