AI that designs AI chips
The AlphaChip founders left Google because Google was too slow. Now they're building AI that designs chips faster than humans can manufacture them.
| Industry | Semiconductors |
| Type | Tech Startup |
| Size | Startup (1-50) |
| Funding | |
| Stage | Series A |
| Valuation | $4B |
| Raised | $335M |
| Lead investors | Sequoia CapitalLightspeed Venture Partners |
| Website | |
| Visit Ricursive Intelligence |
Where Ricursive Intelligence sits against the other names we cover on this beat. Each line is that company’s verdict, not a summary of it.
The Q2 beat was not a peak — July revenue accelerated to +44.7% YoY, the board appropriated a single-tranche US$29.4B of capacity capital, and H1 cape…
The Q2 print did the one thing the bear case could not survive
Cash $4.7B
The thesis got WIDER and the price got WORSE.
Cash $19.6B
The de-rate the June dossier warned about arrived early and for the exact reason it named
Cash $1.4B
LONG — MEDIUM (conviction DOWN one notch from the prior MEDIUM-HIGH, on wider risk, not a worse business).
Cash $25.0B