Cognichip wants AI to design the chips that power AI, and just raised 60M USD to try. The startup says its approach can cut chip development costs by over 75% and halve the timeline, addressing a critical bottleneck in AI infrastructure. https://techcrunch.com/2026/04/01/cognichip-wants-ai-to-design-the-chips-that-power-ai-and-just-raised-60m-to-try/ #AIagent #AI #GenAI #AIInfrastructure #Cognichip

Cognichip has raised 60M USD in funding to develop AI that designs computer chips. The startup aims to reduce chip development costs by over 75% and cut timelines in half. The funding was led by Seligman Ventures with participation from Intel CEO Lip-Bu Tan. Currently, advanced chips take 3-5 years from concept to production. https://techcrunch.com/2026/04/01/cognichip-wants-ai-to-design-the-chips-that-power-ai-and-just-raised-60m-to-try/ #AIagent #AI #GenAI #AIInfrastructure #Cognichip