VSORA raises $46m to bring AI inference chip to market

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VSORA, a French company and the only European provider of ultra-high-performance artificial intelligence (AI) inference chips, has successfully raised $46 million in a new fundraising round.

French AI chip company raises funds Credit: Danica

The investment was led by Otium with additional participation from Omnes Capital, Adélie Capital and co-financing from the European Innovation Council (EIC) Fund.

VSORA’s AI chips are intended to enable cost-effective, high-performance AI inference deployment at scale with a purpose-built architecture that overcomes inherent GPU limitations.

“This funding marks a pivotal moment for VSORA as we accelerate our mission to revolutionise AI chips and ensure Europe’s technological sovereignty in AI computing,” said Khaled Maalej, VSORA Founder and CEO. “It will drive the finalisation of our technology and the launch of our production, enabling VSORA to play a crucial role as the sole alternative to non-European chip designers.”

The new funding will support the production stage of VSORA’s Jotunn8 (J8) chip targeted for silicon in 2025. To date, VSORA has developed a number of partnerships with global semiconductor industry companies, in a move intended to ensure access to cutting-edge technologies and production capabilities.

In parallel, VSORA has move forward with strategic stakeholders to prepare for the industrialisation phase, paving the way for the emergence of a key global European player in AI chip innovation.

“In a market dominated by global giants like Nvidia, VSORA is a unique opportunity for France and Europe,” commented Gaspard de Veyrac, Principal at Otium. “With this funding, VSORA has the necessary tools to reshape the future of AI computation and secure a significant position in the global AI chip market.”