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Speedata, a chip startup competing with Nvidia, raises a $44M Series B

Speedata, a Tel Aviv-based startup developing an analytics processing unit (APU) designed to accelerate big data analytic and AI workloads, has raised a $44M Series B funding round, bringing its total capital raised to $114M. Founded by six researcher, Speedata wants to build the first-ever purpose-build chip designed specifically for big data workloads.

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