Saudi Arabia’s Aramco Ventures is joining Bill Gates’ venture fund and Microsoft’s investment arm in a $110 million investment in Neurophos, an Austin-based chip startup developing technology it claims can outperform today’s AI accelerators.
The funding round was led by Gates Frontier, with participation from Microsoft’s venture unit M12, Aramco Ventures, Bloomberg reported on its website. Other investors including Bosch Ventures, Tectonic Ventures and Space Capital.
