AI silicon · US

d-Matrix was valued at $2B as of 12 November 2025 (verified). Source: DCD/d-Matrix PR, $275M Series C at $2B.

In-memory compute accelerators for datacenter inference; Microsoft-backed NVIDIA challenger.

Valuation

$2B

Confidence

verified

As of

12 November 2025

Layer

AI silicon

Signal

in-memory inference

Website

d-matrix.ai

Relationships (2)

Notes

In-memory compute accelerators for datacenter inference; Microsoft-backed NVIDIA challenger. NVIDIA is reported to be planning an investment in it - The Information, 2026-10-12, on three people with knowledge - which would be NVIDIA's first deal with an AI inference-chip startup since the ~$20B Groq licensing agreement that the DOJ is now probing. Neither company has commented and no size, terms or timeline are reported; the $5B figure in the headlines is a TARGET valuation The Information reported separately in July 2026 for a raise of its own, and it is not established that NVIDIA's stake would be part of that round. The mark here is still the $275M Series C of November 2025 at $2B. The two said three months ago they would make their chips work in tandem on inference workloads.

Sources

• DCD/d-Matrix PR, $275M Series C at $2B 2025-11-12

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Last updated 12 November 2025. Follow d-Matrix in any feed reader to hear when its valuation moves.

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