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California Chip Startup Retym Raises $75M to Build Chips for AI Data Centres

  • California chip startup Retym has raised $75 million in a Series D funding round led by Spark Capital.
  • Retym plans to develop programmable coherent digital signal processing (DSP) chips for AI and cloud infrastructure.
  • The company's first chip is expected to be launched later this year, challenging Marvell Technology's dominance in the DSP market.
  • Retym's technology is crucial for AI data centres, where the efficient handling of large AI models is a requirement.

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