Ampere Computing Acquisition, Valuation, Funding & Investors

PsiQuantum is a quantum computing company that builds fault-tolerant, utility-scale quantum computers on photonic qubits. It was founded by Jeremy O'Brien, Terry Rudolph, Peter Shadbolt and Mark Thompson, who developed the approach as academics in the United Kingdom. The company manufactures its silicon photonic chips in a commercial semiconductor foundry, GlobalFoundries, rather than in a research fab, and designs the cryogenic cooling, networking and control systems needed to link very large numbers of qubits. It is headquartered in Palo Alto, California, and is building large quantum computing sites in Brisbane, Australia and Chicago, Illinois. Customers and partners are governments, national laboratories and large enterprises that want access to quantum machines for chemistry, materials science, drug discovery and other simulation work. The company earns money from government agreements and development contracts and expects to sell access to its systems once they are commercially useful.

Fractile is a London-based startup that designs specialized AI inference chips using an in-memory compute architecture built to run large AI models faster and more cheaply than conventional GPUs. Founded in 2022, the company targets up to 100 times faster model execution and 10 times lower costs, or 20 times better performance per watt, and has hired senior engineers from Nvidia, ARM, and Imagination. Fractile positions its hardware to compete with the GPU-based AI infrastructure of incumbents such as Nvidia.

Lightmatter is a Boston-headquartered designer of photonic computing chips that accelerate matrix multiplications for AI inference and training using silicon photonics. The Passage interconnect links GPU clusters with optical switches, while Envise processors target data center workloads in cloud and telecom sectors.

GTA Semiconductor is a Shanghai specialty-process semiconductor manufacturer founded in 2017 around Huada Semiconductor. It develops and runs wafer fabrication lines for automotive electronics, industrial control and high-end consumer electronics, producing microcontrollers, analog circuits, power devices and sensors for chip designers and integrated device makers. Its processes include BCD, IGBT, MOSFET and silicon carbide devices on 6-inch, 8-inch and 12-inch wafers, and it also offers mask, test and multi-project wafer services together with design kits. The company operates fabs in the Lingang area and in Xuhui, Shanghai. It took the Hong Kong-listed Shanghai Advanced Semiconductor Manufacturing Corporation private through a merger by absorption, which gave it a long-established analog foundry. It has financed expansion through state-backed and industry investor rounds and is privately held.

Etched is a privately held artificial-intelligence hardware company building chips and rack-scale systems for model inference. It co-designs custom accelerators, interconnects, memory systems, cooling, software and manufacturing processes for large transformer and mixture-of-experts workloads. The company's Sohu architecture is designed specifically for transformer inference rather than general-purpose graphics processing. Etched targets cloud providers, model developers and other enterprise customers that require high throughput, low latency and lower power consumption when serving artificial-intelligence models. Its operations include engineering and prototyping work in San Jose as well as manufacturing activity in Taiwan. The business has assembled a team with experience from semiconductor, cloud-computing and artificial-intelligence companies. Etched expects to earn revenue from sales of chips, accelerator cards, racks and associated computing systems rather than from consumer subscriptions or advertising.

SiFive designs customizable RISC-V processor cores and IP for embedded systems, IoT devices, automotive, and datacenter applications. Its Freedom platform includes microcontrollers, high-performance CPUs, and vector extensions with associated EDA toolchains. Santa Clara-headquartered SiFive licenses cores to Samsung, Western Digital, and Andes Technology. Founded in 2015, the company shipped over a billion RISC-V cores by 2023, powering chips from Qualcomm and NVIDIA partners.

Sunrise is a Shenzhen-based developer of high-performance GPUs for AI training, edge computing, and graphics processing. The company designs chips like the Sunhope series with up to 512 tensor cores, targeting data centers and autonomous vehicles. Manufacturing through TSMC processes, Sunrise supplies modules to Chinese hyperscalers and exports to Southeast Asia. Founded in 2018, it competes in the domestic semiconductor market amid US export restrictions.

Machxin Technology is a semiconductor company based in Shanghai, China, founded in 2026. The company designs integrated circuit chips and the software platforms that run on them. Its products are built around custom dynamic dataflow architectures aimed at AI workloads and edge-computing applications. The company targets automotive-grade inference hardware, matching chip layout to algorithms to improve scaling efficiency for transportation and other commercial uses. Revenue is expected to come from chip sales and related technical services.

Photonic is a Vancouver-headquartered company constructing a networked quantum computing platform using optically-linked silicon spin qubits. Its technology integrates photonics connectivity over telecom-band fiber for scalable, fault-tolerant quantum modules and networking.

SemiDrive is a Nanjing-based developer of automotive processors for ADAS, autonomous driving, and smart cockpits. Its X9H series supports L2+ autonomy with 8-core ARM Cortex-A and NPU delivering 4 TOPS, manufactured on SMIC 16nm. The company supplies chips to Chinese OEMs like Great Wall Motor and BYD for domain controllers.

SiMa.ai is a San Jose-headquartered semiconductor company founded in 2018. It designs MLSoC chips for embedded edge machine learning applications. The platform supports computer vision tasks across frameworks like TensorFlow and PyTorch, sensors including RGB and thermal cameras. SiMa.ai enables deployment in retail, industrial automation, and smart cities with optimized power efficiency. The full hardware-software stack handles generative AI models at the edge.

XLMEC is the brand of Chongqing Xinlian Microelectronics Co., Ltd., a fabless designer of automotive-grade integrated circuits headquartered in Chongqing. It develops power management chips, sensor interfaces, and MCUs for electric vehicles and ADAS systems via xlmec.com. Certified to IATF 16949 standards, the company supplies tier-1 automakers in China's new energy vehicle sector.

Shanghai Iluvatar CoreX Semiconductor Co Ltd offers GPGPU products and AI computing solutions across diverse industries. Its product portfolio includes GPGPU chips and accelerators, as well as customized AI computing solutions, including GPGPU servers and clusters, that combine its hardware with proprietary software stack to address specific customer needs in training and inference scenarios. The company specializes in the research, design, and deployment of advanced GPGPU products and AI computing solutions across diverse industries. Geographically, it operates in Chinese Mainland; and Hong Kong, of which it derives maximum revenue from Chinese Mainland.

Tenstorrent is an AI computing company founded in Toronto in 2016 and now headquartered in Santa Clara, California, led by chief executive Jim Keller. It designs and sells AI processors and servers built on its Tensix cores and licenses AI and RISC-V IP to customers who want to build their own silicon, backed by an open-source software stack. Its products include the Grayskull and Wormhole processors and Galaxy servers. The company has offices in Toronto, Austin and Silicon Valley. Investors include Fidelity, Samsung, Hyundai Motor Group, Eclipse Ventures and Bezos Expeditions. It closed a USD 1.5 billion Series E at a USD 6.2 billion post-money valuation in October 2026.

Positron is a provider of specialized hardware accelerators for transformer model inference in generative AI applications. Its chips deliver high-throughput processing with reduced power usage compared to GPU alternatives. The platform supports every model in the Hugging Face Transformers library and exposes an OpenAI-compatible API endpoint. Developers deploy custom-trained models directly onto Positron hardware for edge and cloud deployments in natural language processing and computer vision tasks.

Shenzhen Fastprint Circuit Tech Co Ltd is a hardware service supplier. It manufactures for printed circuit boards in China. The company's products mainly include samples and small-lots of PCBs, principally applied in communication, defense, aerospace, medical electronics, industrial control and computer applications, among others.

Kingsemi Co Ltd is engaged in the research and development, production and sales of semiconductor-specific equipment. The company's products include photolithography process coating and developing equipment and single-chip wet process equipment.

Tripod Technology Corporation manufactures and distributes printed circuit boards, electronic cash registers and is engaged in the design, manufacture, and sale of a variety of devices produced using computer automation. The company focuses on the production and sale of printed circuit boards, and this segment provides the majority of the company's revenue. The company's products include various boards for memory modules, thin-film-transistor liquid-crystal displays, telecommunications boards, hard disks, automotive, servers, substrates, and other services. The vast majority of revenue is earned from customers in China, however, the company also does business in Taiwan, Malaysia, and South Korea among others.