<ul><li>MatX Inc., a chip startup led by former Google LLC engineers, has raised $80 million in fresh funding.</li><li>The raise, described as a Series B round, values MatX at over $300 million.</li><li>MatX is developing AI chips for training models and performing inference, prioritizing cost-efficiency and competitive latency.</li><li>The company plans to give customers low-level control over the hardware and expects to complete its first product's development in the coming year.</li></ul>

AI chip startup MatX reportedly raises $80M funding round

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