Neurophos Secures $110 Million Funding to Expand AI Chip Operations in Austin and Silicon Valley
Neurophos Inc., an Austin-based AI chipmaker, has raised $110 million in funding, bringing its total to $118 million, with support from Microsoft Corp. and led by Gates Frontier. The funds will be used to expand its headquarters, hire 80 new employees, and establish a new engineering site in Silicon Valley, while developing energy-efficient optical processing units (OPUs) for data centers, with initial systems expected by early 2028.
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Neurophos Inc., an Austin-based AI chipmaker, has raised $110 million in funding, increasing its total to $118 million. The funding, supported by Microsoft Corp. and led by Gates Frontier, aims to expand its North Austin headquarters and hire 80 new employees.
Neurophos develops optical processing units (OPUs) that promise to be 100 times more energy-efficient than current GPU technologies. The company plans to open a new engineering site in Silicon Valley to meet rising customer demand.
Initial systems are expected to be deployed by early 2028. The funding will also support the delivery of integrated photonic compute systems for data centers.
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