Ex-Goldman Banker Who Worked on Chips Program Will Run AI Firm

(Bloomberg) — A former Goldman Sachs Group Inc. managing director who worked on the US government’s semiconductor-production program was tapped to run an artificial-intelligence chip company at a time when American companies face international competition to cheaply scale AI.

Srujan Linga is taking over as chief executive officer of Lausanne, Switzerland-based Kandou AI. Founder and current CEO Amin Shokrollahi will become chief technology officer. The company, founded in 2011, plans to produce semiconductors for AI cloud-service and hardware providers in the US.