<ul data-eligibleForWebStory="false">Cognichip is a startup using Artificial Chip Intelligence (ACI) to understand, learn, and solve chip design problems at high speed and parallelism.The challenges in designing complex chips include high customization and costs exceeding $100 million per design.Cognichip aims to reduce design costs by achieving more parallelism in development flows and serving the semiconductor market efficiently.The startup, based in Redwood City, California, secured $33 million in seed funding from Lux Capital, Mayfield, FPV, and Candou Ventures.