EnCharge raises $22.6M to commercialize its AI-accelerating chips

EnCharge AI, a startup, has raised $22.6 million in funding to commercialize its AI-accelerating chips. The company aims to provide broader access to AI for organizations by developing sustainable and cost-effective AI chips and solutions. EnCharge’s mission is to unlock AI’s full potential by enabling new AI use cases and form factors that run sustainably from both an economical and environmental perspective.