EnCharge raises $100M+ to accelerate AI using analog chips

EnCharge AI, a semiconductor startup developing analog memory chips for AI applications, has raised more than $100 million in a Series B round led by Tiger Global to spur its next stage of growth. 

The funding is significant partly because interest in AI is at an all-time high, but the high price of building and operating AI services continues to be a red flag. EnCharge, spun out from Princeton University, believes its analog memory chips — envisioned to be embedded in devices such as laptops, desktops, handsets, and wearables — will not only…