Samsung invests in US-based AI semiconductor startup Enfabrica

Samsung has invested in the US-based AI (artificial intelligence) semiconductor startup, Enfabrica. The company reportedly plans to introduce the 3.2Tbps ACF SuperNIC chip and pilot systems in the first quarter of next year.

According to the information (via Reuters), Samsung Catalyst Fund (SCF) participated in the Series C funding round of $115 million recently completed by Enfabrica.

SCF joined this investment round, which was led by Spark Capital, as a new investor. Other new investors include Arm, Cisco Investments, Maverick Silicon, and VentureTech Alliance.

Following the investment, Enfabrica shared plans to strengthen R&D and move forward with mass production of its “Accelerated Computing Fabric Super Network Interface Card (NIC)” chips.

About Enfabrica

Former Broadcom and Alphabet employees founded Enfabrica in 2019. The firm develops semiconductors and software, which support the performance and scalability of AI and accelerated computing workloads.

Samsung’s investment in AI startups

Samsung Catalyst Fund has previously invested in US AI semiconductor startup DreamBig Semiconductor and Dutch AI solution startup AxelleraAI.

The consecutive investments in promising overseas AI companies are seen as efforts to secure potential clients and gain leadership in new technologies.

Enfabrica co-founder and Chief Executive Rochan Sankar told Reuters that current technologies can string together about 100,000 AI computing chips before the network starts to bog down.