Use cases and cost goals

The investment comes from backers including the Qatar Investment Authority as demand for chips beyond Nvidia soars and as Qatar aims to build out its AI infrastructure.

Also, To build and sell more of its autonomous underwater vehicles (AUVs), Apeiron Labs recently closed a $9.5 million Series A round led by Dyne Ventures, RA Capital Management Planetary Health and S2G Investments, the company exclusively told TechCrunch. Assembly Ventures, Bay Bridge Ventures, and TFX Capital participated.

Learn more about your ad choices. Visit podcastchoices.com/adchoices