{"id":964216,"date":"2025-09-25T08:54:27","date_gmt":"2025-09-25T03:24:27","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=964216"},"modified":"2025-09-25T09:13:58","modified_gmt":"2025-09-25T03:43:58","slug":"ai-startup-modular-raises-250-million-seeks-to-challenge-nvidia-dominance","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/09\/25\/ai-startup-modular-raises-250-million-seeks-to-challenge-nvidia-dominance\/","title":{"rendered":"AI startup Modular raises $250 million, seeks to challenge Nvidia dominance"},"content":{"rendered":"<p>AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia&#8217;s software stranglehold on the AI computing market. <\/p>\n<p>The funding, which nearly tripled the company&#8217;s valuation from two years ago, was led by U.S. Innovative Technology fund. DFJ Growth and all existing investors, including GV, General Catalyst and Greylock also joined the round.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>AI startup Modular said on Wednesday it raised $250 million in a funding round valuing it at $1.6 billion, as it aims to challenge Nvidia&#8217;s software stranglehold on the AI computing market. The funding, which nearly tripled the company&#8217;s valuation from two years ago, was led by U.S. Innovative Technology fund. DFJ Growth and all existing investors, including GV, General Catalyst and Greylock also joined the round.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-964216","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=964216"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/964216\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=964216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=964216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=964216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}